Tuition: For the 2010-2011 school year, a full-time student will be charged $41,480 in tuition and fees – for the “privilege” of attending Loyola Law School Los Angeles. Yes, that figure is in US currency.
Total Cost of Attendance: The school estimates that room and board; books and supplies; personal expenses, transportation costs; and loan fees will add another $26,402 to the tab. This would bring the total estimated COA to $67,882 - for the 2010-2011 academic year alone!!
Ranking: Jump for joy, Loyola Marymount University Law hopefuls! This school is ranked, by US News & World Report, as the 56th greatest, most phenomenal, amazing, exhilarating law school in the entire United States. Yay!!
However, this commode was supposedly ranked 23rd by the Cooley Rankings, in 2008. And those are the ratings that legal employers care about, right?!?!
Alleged Employment Placement: The commode claims a graduate employment rate of “97%+ within nine months of graduation.” Yes, that figure seems very accurate – and Lauren Graham just locked her ankles around my waist, and dug her nails ¼” into my torso. Notice how these rats did not provide a breakdown of this placement rate?
Average Student Indebtedness: US News reports the average student indebtedness for Loyola’s Class of 2009 at $125,264. This would make this school’s graduates the seventh-most indebted law class. Furthermore, 86% of this particular graduating class took out law school debt.
Faculty and Administrator Pay: Go to page 41 of this university’s 2009 Form 990. From there, we can see that Dean Victor J. Gold made $328,483 in TOTAL COMPENSATION for 2008. Yes, Victor made $232,105 in base compensation; $26,500 in bonus and incentive compensation; $20,147 in “other” compensation; $21,850 in deferred compensation; and $27,881 in non-taxable benefits.
That is not all. Former dean of the law school and L2L punching bag, David Burcham, made $393,851 in TOTAL COMPENSATION - for 2008, as well. He was named president of the university in 2008. Way to look out for your students, David, by keeping the tuition so affordable.
What’s that you say, Lemming? You can write onto the Loyola of Los Angeles Entertainment Law Review?!?! Yes, I am sure that women in bars will find you irresistible - and employers will likewise salivate over you.
Entering GPA and LSAT Scores: According to this site, the 75th percentile of Loyola Class of 2009 students scored a 163 on the LSAT. Those 25th percentile had a score of 159. Those in the 75th percentile had a UGPA of 3.58, whereas those in the 25th percentile earned a 3.16 GPA during undergrad. The higher figures are decent numbers, and yet these students are finding it very difficult to find employment upon graduation! This might possibly have something to do with a shrinking lawyer job market.
However, this supposed “Fact Sheet” lists the employment rate as 95%+ within nine months of graduation. This appears to be a newer version. I guess the recession/restructuring of the American economy did have a negligible effect on Loyola JDs.
Conclusion: This school is a GROSSLY OVERPRICED, Jesuit rat-hole. The Roman Catholic Church has committed some horrendous crimes, during its lengthy history. I recognize that these atrocities have occurred largely in the past. However, consigning LEGIONS of present-day law graduates to a lifetime of debt servitude is CLEARLY not something Jesus would do, either.
Remember, Loyola Law Sewer students, you will be competing against Cal-Berkeley, Stanford, USC and UCLA JDs for the scarce number of decent jobs out there. Would you take out $130K-$190K and make such a terrible bet?!?! Because that is exactly what you will be doing if you have the gall to attend this stench pit. The school simply wants your money. They do not give one damn what happens to you, upon graduation. Unless you are a trust fund baby, stay the hell away from this stink pit.