Thursday, July 14, 2011
Moist Beer Fart: Second Tier Marquette University Law School
Tuition: A full-time law student at MarqueTTe Univer$iTTy will pay $37,570 in tuition, for the upcoming 2011-2012 school year. Part-time victims/students will pay a higher rate of $1,500 per credit hour. This Jesuit institution is really looking out for its customers, isn’t it?!?!
Total Cost of Attendance: According to this same page, the school alleges that total COA – for the 2011-2012 academic year – will amount to $56,842. Keep in mind that these trash pits only consider nine-month living expenses. In real life, students must pay for housing/board, personal and transportation costs for twelve months. Doing so, we come up with a more accurate, total COA of $62,852 – for 2011-2012.
Ranking: Okay, Marquette Law charges excessive fees and tuition. However, the school’s reputation will justify the cost, right?!?! US “News” & World Report lists this commode as the 95th greatest, most fantastic, amazing, exhilarating, and prestigious law school in the nation! For the delusional optimist, this is the second best law school in the State of Wisconsin.
Purported Employment and Starting Salary Statistics: This dung heap claims that 88.94 percent of its Class of 2010 was employed – presumably within nine months of graduation. According to the school, 81.86% of these grads were employed in full-time positions, while 7.08% were working part-time. Yes, this school is worth every dime in tuition, isn’t it?!?!
Furthermore, Marquette asserts that the overall average starting salary was $62,703 - with a median initial salary of $54,250. The school provides the following: “Salary information was reported for 61.7% of all employed members of the graduating class.” When Marquette JDs who are now selling insurance or working the ticket booth at Miller Park choose not to furnish their dismal salaries to the school, it helps the commode.
Average Law Student Indebtedness: US “News” lists the average law student indebtedness - for those members of the Marquette JD Class of 2010 who incurred debt for law school - as $110,147. Fully 90% of this private toilet’s 2010 graduating class took on such debt. This figure does not include debt from undergrad.
Administrator Salaries: Head to page 33 of MarqueTTe Univer$iTTy’s 2009 IRS Form 990, to see how well the professors and administrators are doing, under this system. Dean Joseph D. Kearney made $287,231 in TOTAL COMPENSATION for 2008. Kearney took in $252,292 in base compensation; $18,400 in deferred compensation; and $15,539 in nontaxable benefits. Does anyone see how “higher education” benefits administrators and “educators”?!?!
Generosity of this Catholic Commode: Law School Numbers shows that, in 2005-2006, Marquette provided full-tuition scholarships to 4.2% of its law students, while furnishing half tuition scholarships to 4.9% of students. The toilet also offered full tuition plus stipend to 0.3 percent. By the way, apparently the school charged $27,750 - in full time tuition - for 2006-2007.
Marquette’s New Law School Building: Take a look at the slide show, regarding the commode’s shiny new law building.
“Marquette University's new $85 million law school building, Eckstein Hall, is one of the most significant architectural projects in Milwaukee in some time.”
Yes, the school needed a new edifice, which totaled $85 million in costs, didn't it?!?! In the final analysis, the school was trying to improve its ranking with this capital project. Look at the figures above. Apparently, the school feels that it is better to raise $85 million for a new law building rather than pushing for similar amounts of cash, for scholarship money to students. This Wisconsin Law Journal article points out that the new building has 200,000 square feet.
Conclusion: Marquette University Law School is an overpriced toilet that provides its students with TTT job prospects. If one earns his law degree from this dung pit - and chooses to remain in Wisconsin - at least he does not need to shell out thousands more to take the state bar. However, the fact remains that this Je$uit trash pit elects to charge its students $37,570 - for a single year of tuition. That is appalling and reprehensible. The job market is contracting. Of course, this does affect the “professors” - many of whom practiced law very briefly and do not understand the toll that MASSIVE student loan debt will take on a young graduate.
You DO NOT need to take on $115K-$150K in NON-DISCHARGEABLE debt, in order to earn $35K-$55K per year, as a licensed attorney.
“A good rule of thumb is that your total education debt SHOULD BE LESS THAN your expected starting salary. If you borrow more than twice your expected starting salary you will find it extremely difficult to repay the debt.” [Emphasis mine]
Posted by Nando at 5:45 AM