Tuesday, March 29, 2011
Hold Your Breath: Second Tier Hofstra University School of Law
Tuition: For the 2010-2011 school year, a full-time law student at this institution will be charged $43,034 in tuition. Fees will add another $626 to the tab. Part-time students will only pay $32,275 for tuition, plus $394 in fees.
Total Cost of Attendance: In the worst case scenario, i.e. a full-time student living on his own, the school estimates that the total COA - for the 2010-2011 academic year - will amount to $65,700. Seeing that these commodes only consider room and board, personal expenses and transportation costs for nine months, we will need to provide a more accurate figure. Calculating these expenses over the course of twelve months, we reach an amount of $72,545. Can you guess who is benefiting from this system?! [Hint: it is not the student.]
Ranking: Attending this august institution will set you back severely, financially. However, the school’s amazing reputation will justify the immense cost, right?!?! According to US News & World Report, Hof$TTra Univer$iTTy $chool of Law is the 84th greatest, most fantastic law school in the United States. Yay! The world will be your oyster, as a graduate of this elite, prestigious law school. By the way, this school is miraculously in an eleven-way tie for 84th best law school in the land. What a neat little political ploy, Robert Morse.
Supposed Employment and Salary Statistics: The sewer of law states the following: “Within nine (9) months of graduation, 96.7% of the Class of 2009 had reported their employment status to the Office of Career Services. Of those members of the Class of 2009 who reported their employment status to us, more than 95% were either employed or pursuing a degree on a full-time basis.”
Sure they were - and Jessica Alba just wrapped her legs around my torso, and sunk her teeth into my shoulder and chest.
Further down the page, the school notes that a mere 33% of employed Class of 2009 JDs reported salary information. Maybe the other 67% were too embarrassed to report their big-ass salaries, huh?!?! The toilet asserts that the median private sector starting salary was $90K.
Average Law School Indebtedness: US News shows that the average law student indebtedness, for those members of the Hofstra JD Class of 2010 who incurred law school debt, was $115,705. In case you are interested, 81% of this class took on such debt.
Faculty and Administrator Salaries: In order to see how well the pigs are being fed, we will head over to page 41 of Hofstra University’s 2009 IRS Form 990. Dean and “Professor of Law” Nora Demleitner made $402,719 in TOTAL COMPENSATION - for 2008. Yes, Nora made $201,201 in base compensation; $165,401 in other compensation; $26,710 in deferred compensation; and $9,407 in nontaxable benefits.
We can also see that university president Stuart Rabinowitz made $956,263 off the federal teat, in 2008. This "educator" raked in $505,331 in base compensation; $175,000 in bonus and incentive compensation; $220,700 in other compensation; $35,541 in deferred compensation; and, for good measure, $17,714 in nontaxable benefits. From his university bio:
“Stuart Rabinowitz was chosen by the Hofstra University Board of Trustees to serve as the eighth president of the University on December 20, 2000. Prior to his appointment, he served as dean of Hofstra University School of Law from September 1989 through June 2001. He joined the faculty of the Law School in 1972. President Rabinowitz currently holds the Andrew M. Boas and Mark L. Claster Distinguished Professor of Law.”
“Generosity” of the Law School: According to LSN, Hofstra provided full tuition and stipend to 0.7% of its students - for 2005-2006. The school furnished full tuition scholarships to 4.1 percent of its customers, and half tuition scholarships to 8.4% of its TT students. http://law.hofstra.edu/Academics/Journals/
As a student at this pricey commode, you have the unique privilege to write onto the world-famous Hofstra Labor and Employment Law Journal!! Think of the cruel irony when you graduate without having a job lined up. Somehow, most legal and non-legal employers will not be impressed with this experience. It may come in handy when you are filling out your unemployment forms.
Conclusion: Hofstra University Sewer of Law is a true dung heap. If you attend this overpriced waste pile - and are aiming for Biglaw - keep in mind that you will be competing directly for jobs against students and graduates of the following real law schools: Yale, Harvard, Columbia, NYU, University of Pennsylvania and Cornell. In the legal industry, pedigree matters to potential employers.
By the way, according to the ass-goblins at US News, Car-Bozo comes in at number 50, $eTTon Hall is rated 61st best, and Crooklyn is ranked 67th. Hell, even Rutgers - both branches - are tied with Hofstra Law. You may feel that having a law degree will lead to more income and respect. The reality is that you will likely end up drowning in NON-DISCHARGEABLE debt, while scrambling to find a job.
Posted by Nando at 3:35 AM