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WSJ: Law School Loses Luster as Debts Mount and Salaries Stagnate
Poast new message in this thread
Date: August 3rd, 2021 9:22 AM Author: amber brunch (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888665) |
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Date: August 4th, 2021 12:38 AM Author: Thriller pisswyrm legend lol
https://www.reuters.com/legal/legalindustry/law-school-applicants-surge-13-biggest-increase-since-dot-com-bubble-2021-08-03/ |
Date: August 3rd, 2021 9:23 AM Author: Stimulating school cafeteria twinkling uncleanness HAHAURFUCKED (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888671) |
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Date: August 3rd, 2021 10:17 AM Author: wonderful market wrinkle (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888902) |
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Date: August 3rd, 2021 9:24 AM Author: galvanic menage (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888675) |
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Date: August 3rd, 2021 10:26 AM Author: supple violent indian lodge (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888947) |
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Date: August 3rd, 2021 10:53 AM Author: Wine Autistic Faggot Firefighter Indirect Expression Ty. May you and your future generations have success so long as it does not conflict with mine. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889058) |
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Date: August 3rd, 2021 10:15 AM Author: Primrose messiness toaster Good to see that they’re still running these articles. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888892) |
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Date: August 3rd, 2021 10:26 AM Author: Razzle-dazzle plaza main people LOL. It's insane to me that law school scam has been widely read and available to all since 2011 and the effect on enrollment has been barely detectable. Weirdly a backdoor key indicator showing just how economically fucked millennials have been bc there's still demand just to be able to say you're something other than a barista at 25, but with the knowledge that you may very well end up a barista again at 30. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888945) |
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Date: August 3rd, 2021 10:30 AM Author: pungent potus shitlib With uncapped gradplus and PAYE keep getting grad degrees till one sticks. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888961) |
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Date: August 3rd, 2021 10:38 AM Author: Primrose messiness toaster Most millennials live in a casino economy. Throwing chips on the craps table praying for a home run. Casino economics explains how “assets” like GME and Bitcoin are still going strong. Millennials hoping to 1000x their $500 net worths. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888992) |
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Date: August 3rd, 2021 10:46 AM Author: Talented Orchestra Pit (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889016) |
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Date: August 3rd, 2021 11:02 AM Author: Razzle-dazzle plaza main people That's what I mean. You can critique Campos et al. on this basis as writing from too much of a boomer/Gen X perspective and failing to understand how shitty the alternatives are. With that in mind you'd advise a student differently i.e. not from a perspective of "don't go to law school" and instead from a perspective of "here's how to make law school as cheap as possible and you're insane if you don't do these things." (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889114) |
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Date: August 3rd, 2021 11:35 AM Author: Primrose messiness toaster I still take the perspective of advising them away from the liberal arts and law school. In the end, as depressing as their choices may be, young folks make really stupid decisions out of silly idealism. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889302) |
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Date: August 3rd, 2021 11:45 AM Author: Razzle-dazzle plaza main people But in 90+% of cases of kids who go to law school it's not idealism. It's something to say to a girl in a bar and to parents that gets them off your back when you're going to graduate/have graduated from college and you don't know what to do next. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889370) |
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Date: August 3rd, 2021 3:34 PM Author: motley zippy pit Your larger point is correct, but if you think broke millennials are what's driving crypto higher, then you're a fool (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42890727) |
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Date: August 3rd, 2021 10:22 AM Author: Sepia overrated whorehouse boiling water xo catnip (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888930) |
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Date: August 3rd, 2021 10:26 AM Author: supple violent indian lodge (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888946) |
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Date: August 3rd, 2021 10:27 AM Author: learning disabled french goyim Every year on a slow news day they recycle this article and just change the school and the quotes. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888951) |
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Date: August 3rd, 2021 10:28 AM Author: Bateful Dog Poop just do go $300k in debt to earn $45k topping out at $90k in 10 years (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888953) |
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Date: August 3rd, 2021 10:29 AM Author: learning disabled french goyim But at least the work is enjoyable, interesting, and low stress. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888954) |
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Date: August 3rd, 2021 10:31 AM Author: greedy digit ratio public bath Depressed law student drowning in debt: “I’m here for the pizza party” (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888966) |
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Date: August 3rd, 2021 10:36 AM Author: hilarious degenerate (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888984) |
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Date: August 3rd, 2021 11:34 AM Author: Razzle tripping base (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889291) |
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Date: August 3rd, 2021 11:39 AM Author: Appetizing hyperventilating mexican piazza (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889325) |
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Date: August 3rd, 2021 12:28 PM Author: Exhilarant Forum Double Fault (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889641) |
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Date: August 3rd, 2021 12:37 PM Author: Vengeful hairraiser personal credit line (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889704) |
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Date: August 3rd, 2021 10:35 AM Author: Citrine Irradiated Meetinghouse Sex Offender why do people still do this to themselves (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888979) |
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Date: August 3rd, 2021 11:23 AM Author: mildly autistic theater They cannot resist the scholarship. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889222) |
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Date: August 3rd, 2021 11:25 AM Author: cocky love of her life lol.
jurisprudence >>> addictive than oxycontin. |
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Date: August 3rd, 2021 10:36 AM Author: glittery awkward point read this as "Law School Losers Muster" (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42888982) |
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Date: August 3rd, 2021 10:41 AM Author: Adventurous Hairy Legs Becky They run this same article once every year or so. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889003) |
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Date: August 3rd, 2021 10:42 AM Author: galvanic menage (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889006) |
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Date: August 3rd, 2021 10:44 AM Author: Adventurous Hairy Legs Becky Very much so. Law school as a safe gateway into a UMC life ended a long time ago.
I do fine as well as some of the other posters here, but we all know plenty of people for which LS was a disaster. |
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Date: August 3rd, 2021 10:47 AM Author: glittery awkward point amazing that the law school professors and deans, who are essential to the scam, are so brazen about speaking to the journalists about it (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889023) |
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Date: August 3rd, 2021 10:59 AM Author: Bossy scourge upon the earth hospital They inevitably take this unaware yet concerned tack in these articles that is absolutely infuriating. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889098) |
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Date: August 3rd, 2021 11:37 AM Author: glittery awkward point "A law professor at the university, Anthony Alfieri, said law schools “foster this kind of cruel optimism” in students, letting them think six-figure salaries are attainable, when in reality, those high-paying jobs are largely reserved for students at only the top-ranked law schools.
“Law schools encourage a kind of magical thinking in order to keep the lights on,” he said." |
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Date: August 3rd, 2021 10:47 AM Author: pungent potus shitlib Law School apps are the highest since 2009. More grist for the mill before ITE: The End. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889025) |
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Date: August 3rd, 2021 11:00 AM Author: Bossy scourge upon the earth hospital Lol at ever paying back your loans when you were essentially defrauded by this insane alliance of kikes and greedy boomers. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889104) |
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Date: August 3rd, 2021 11:25 AM Author: Crawly idea he suggested jew What does someone who owes 300k and makes 110 look like? They just pay the minimum for the rest of their lives? (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889234) |
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Date: August 3rd, 2021 11:30 AM Author: pungent potus shitlib They attend online CC for 700 a year part-time and don't pay a thing. I know a guy (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889268) |
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Date: August 3rd, 2021 11:56 AM Author: sick lodge If they’re lucky, paying the minimum of a PAYE plan or their parents are making the monthly payments (or helping out with rent).
If they’re unlucky, they live like 45K/year nonprofit analysts. |
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Date: August 3rd, 2021 12:16 PM Author: big ocher round eye Checking in! (only $100k salary though--no bonuses)
I pay the REPAYE minimum every month, though no payments since COVID started which has been nice. I live in a dilapidated one-bedroom apartment in a second-tier city. No pets. I drive a 2003 Toyota with over $150,000 miles on it. As an aside, a Boomer partner once casually explained to me that I should get a nicer car because clients expect their lawyer to "look the part." My clients are all proles who nitpick and contest their fees, they also regularly lie to me and/or withhold crucial information about their cases because they view me as just as much of an adversary as the insurance company. I have not had sex with a biological human in ~3 years.
On the positive side, I am over 1 month sober and looking into making a career change (previously drinking bottle of vodka per day--including sips from a water bottle at work). |
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Date: August 3rd, 2021 12:21 PM Author: Razzle tripping base please tell me the career change is "getting a new job" and not "not drinking at work anymore" (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889583) |
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Date: August 3rd, 2021 12:33 PM Author: big ocher round eye Yes, looking for new job but exit options for shitigators are terrible. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889683) |
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Date: August 4th, 2021 1:57 PM Author: Adventurous Hairy Legs Becky Reading this post makes me want to start drinking vodka out of a water bottle. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42895933) |
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Date: August 3rd, 2021 11:33 AM Author: Razzle tripping base Even at some of the most prestigious law schools—those in U.S. News’s top 30
Even at some of the most prestigious law schools—those in U.S. News’s top 30
Even at some of the most prestigious law schools—those in U.S. News’s top 30
Even at some of the most prestigious law schools—those in U.S. News’s top 30
Even at some of the most prestigious law schools—those in U.S. News’s top 30 |
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Date: August 3rd, 2021 12:33 PM Author: Exhilarant Forum Double Fault (this line brought to you by generous donations from #29 boston college, #29 brigham young university, #29 emory university, #29 university of illinois urbana-champaign, #29 university of iowa, and #29 university of wisconsin madison) (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889676) |
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Date: August 3rd, 2021 12:40 PM Author: Vengeful hairraiser personal credit line (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889717) |
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Date: August 3rd, 2021 2:24 PM Author: Razzle tripping base (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42890306) |
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Date: August 4th, 2021 12:41 AM Author: Disturbing institution brethren BYU is at least cheap. Especially for mormonmos but even non mormonmos too. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42893670) |
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Date: August 3rd, 2021 3:40 PM Author: sick lodge second page please! (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42890786) |
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Date: August 3rd, 2021 11:42 AM Author: exciting insecure jewess Just go o IBR/paye (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889343) |
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Date: August 3rd, 2021 12:24 PM Author: sick lodge That guy in the photo looks like TSINAH’s Greek cousin
https://images.wsj.net/im-379114?width=700&height=467 |
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Date: August 3rd, 2021 12:30 PM Author: Violent knife dysfunction The Legal Luster of the Law (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889660) |
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Date: August 3rd, 2021 12:44 PM Author: Disturbing institution brethren They write this article at least once a year (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42889740) |
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Date: August 3rd, 2021 3:19 PM Author: aromatic flirting psychic This is probably one of the better outcomes from her school:
Ms. Cordell owes $334,000 in federal loans for her time at Miami. She now makes an $80,000 base salary, with a bonus of about $12,000, working at a firm that specializes in insurance. |
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Date: August 3rd, 2021 3:27 PM Author: exciting insecure jewess 80k for insurance defense (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42890682) |
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Date: August 3rd, 2021 3:28 PM Author: Mind-boggling haunting church persian I owed 40K and made 65K out of school, but with some parental help and effort, I paid it off quickly and now make like 175K, and I went to a lower T1 (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42890689) |
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Date: August 3rd, 2021 3:48 PM Author: self-absorbed opaque shrine i owe about $290k in student loans and make $110k a year plus ~$10-15k bonus. i own a house valued at $580,000 and have a total HHI of around $200k (inc. wife's income). no kids, no income tax state, no debts besides student loans and mortgage payments (own two cars outright), about $30k in available credit, and $20k in savings. both wife and i have 401k investments w/ good matching.
RATE my life outlook |
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Date: August 3rd, 2021 3:52 PM Author: Turquoise Spot Pretty horrific since I pay that to Compliance drones with nothing but a BA and 7 years experience and we pay this in Florida not NYC. Im paying auditors with 2 years in BIG4 $85k. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42890871) |
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Date: August 3rd, 2021 3:53 PM Author: self-absorbed opaque shrine i'm not in NYC. my col is pretty close to the national average in most areas besides housing, and i already own. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42890877) |
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Date: August 3rd, 2021 3:55 PM Author: Turquoise Spot It's meh, bro. Not killself at least....
100k is the new 60k anyway. |
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Date: August 3rd, 2021 3:57 PM Author: self-absorbed opaque shrine 100k now is the 60k of, what, 1999? (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42890902) |
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Date: August 3rd, 2021 3:59 PM Author: Turquoise Spot 2006 (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42890926) |
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Date: August 3rd, 2021 9:32 PM Author: Brass duck-like ticket booth YOU don’t pay shit, you former contract attorney turned compliance monkey (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42892625) |
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Date: August 4th, 2021 2:07 PM Author: Turquoise Spot Have literally never been a contract attorney. And compliance is 180 as fuck. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42896019) |
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Date: August 3rd, 2021 3:50 PM Author: Turquoise Spot A JD is a fine credential -- for like $75k all in. LJL at paying more for it. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42890858) |
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Date: August 3rd, 2021 5:49 PM Author: vigorous space This person should go to jail for saying this:
"Ms. White said Miami urged students to borrow less for living expenses, but that students tend to be unsophisticated borrowers, with many taking out the maximum every year. “They don’t know how to manage money in large numbers,” she said. “And so, over a relatively small period of time, [borrowing] got out of control.”
Yeah, kids should be literally mortgaging their future for professor and admin salaries - that's good. The problem is they took out an extra $5,000 for living expenses! |
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Date: August 3rd, 2021 5:52 PM Author: buck-toothed university azn (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42891672) |
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Date: August 3rd, 2021 9:20 PM Author: Wine Autistic Faggot Firefighter Indirect Expression This. How this shit keeps going is infuriating. (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42892551) |
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Date: August 3rd, 2021 5:53 PM Author: vigorous space Also, it needs to be discussed more that these faculty and admins are evil - and kids need to understand that.
If you're 18 you probably look and see all of these old lawyers with BMWs and nice houses - and think "wow I can do that." Then you get recruited to law school and there's all these nice, smart people with nice cars and faculty housing and you think "wow, I want to be like them."
But the truth is, you can't be like them - because those "nice" professors have set it up to steal $300,000 of your future earnings. You think they're getting the same deal they got, but in fact they got a much better deal and are even going to fuck over your future because they want a second Tesla... |
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Date: August 3rd, 2021 9:28 PM Author: Lascivious buff halford famous landscape painting SUN'S UP IT'S A LITTLE AFTER 12 |
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Date: August 8th, 2021 2:16 PM Author: Provocative bearded skinny woman hell We’ve seen these articles since I was in law school in 2010 (http://www.autoadmit.com/thread.php?thread_id=4891893&forum_id=2#42916303) |