Tuition: For the 2010-2011 school year, a full-time student at Pace University Law School will pay $39,546 in tuition. A part-time law student will only be charged $29,662 in tuition for the same academic year.
Total Cost of Attendance: Under the worst-case scenario, i.e. a full-time student living independently and off-campus, personal expenses are estimated to be $17,320 for one year. When you add in the costs of book/supplies and transportation, another $3,150 is added to the tab. For such a student, the total COA for one year would amount to $60,016.
Ranking: That is one hell of an investment to make, isn’t it? Surely the school’s upstanding reputation in the legal and academic communities will make up for this cost, right?! Well, a publication going by the name of US News & World Report lists this school in the third tier of American law schools.
Starting Salary and Job Placement Figures: According to this supposed “quick facts” sheet, 94.3% of the Class of 2009 was employed or pursuing an advanced degree – within nine months of graduation. Yeah, sure they were - and Jessica Alba just climbed on top of me. Of course, the commode did not mention is the number of respondents to this survey.
Purported Bar Passage Rate: This same document lists a bar passage rate of 88% - for its recent graduates. However, we all know that bar passage does not equal legal employment.
“But for 27-year-old Mike Kremen, a law degree landed him a job as an assistant manager at Radio Shack.
Kremen graduated from Pace Law School about two years ago – right when the recession was picking up and the legal industry started to hemorrhage jobs. He’s still waiting for his first full-time legal job offer. He says he might be the only employee in the history of this White Plains Radio Shack who’s passed both the New York and Connecticut bar exams.” [Emphasis mine]
Yeah, Kremen’s “legal education” sure paid off for him, didn’t it? He passed both the New York and Connecticut bar exams, and he started out making $7.65 an hour at Radio Shack?!?! Did that penetrate your gray matter, lemmings?!?!
“Kremen puts in about 11 hours a day, six days a week at radio Shack -– the kind of hours you see associates pulling at some of New York’s top law firms. But instead of a starting salary of $160,000, Kremen started here at $7.65 an hour.
Kremen still wants that New York law firm job. He’s straining under about $200,000 of law school and credit card debt.”
For the purposes of this festering toilet’s “fact sheet,” Mike Kremen counts as both having passed the bar exam – and as “employed.” How is that for added insult to injury?
Average Student Indebtedness: US News lists the average indebtedness of Class of 2009 Pace Law School grads who incurred law school debt at $83,515. Furthermore, this magazine reports that 87 percent of this toilet’s 2009 graduating class incurred law school debt.
Faculty and Administrator Pay: Head to Page 38 of Pace University’s 2009 Form 990. There you will see that “professor of law” Steven Goldberg made $263,863 in TOTAL COMPENSATION for 2008. Fellow “law professor,” John Nolon made $327,720 in TOTAL COMPENSATION for the same tax year. And, lastly, “professor” Nicholas Robinson made $258,629 in TOTAL COMPENSATION – for 2008.
Isn’t it great that “law professors” can teach out of the same old casebooks, provide the same dry-ass lectures year after year, work 4-6 hours a week, and still make more than a quarter of a million dollars a year?!?! Especially when those “professors” teach at TTTs that provide their students and graduates with pathetic job prospects? Isn’t it splendid?
Wow! You can write onto the Pace Environmental Law Review or the Pace International Law Review. What potential employer would not be impressed with such credentials?!?!
Conclusion: This school is an overpriced pile of decaying fecal matter and toxic waste. In short, it is a diploma mill. It does not give a damn about its students, upon graduation. They are simply a mean$ to an end. Do you want to end up with an additional $85K-$160K in NON-DISCHARGEABLE debt – so that you can continue to make sure your “Property professor” can make $327,720 in total compensation?!?!