Friday, September 2, 2011
Grab the Wet Wipes: First Tier Toilet Wake Forest University School of Law
Tuition: As you can see, full-time law students at this private commode will pay $37,940 – in tuition – for the 2011-2012 school year. With required fees added, this figure reaches $38,756. This first tier “in$tituion of higher learning” reaches the combined figure of $38,656. Learn how to add, bitches.
Total Cost of Attendance: The toilet estimates that room, board and utilities, books and supplies, personal expenses, transportation and insurance will add another $19,351 to the big-ass tab. This brings the school’s estimated (mathematically incorrect) COA – for one year – to $58,107.
Keep in mind that these academic cash cows only consider nine-month costs. However, actual law students will require twelve months of room, board and utilities – as well as a full year of personal expenses and transportation. Calculating these costs, we can determine a more accurate, estimated COA – for 2011-2012 – of $63,524. At these rates, you are facing slim odds of capturing a positive return on your investment.
Ranking: US “News” & World Report lists this as the 39th greatest, most spectacular splendid, and illustrious law school in the United States. In addition, it is the third-best law school in North Carolina, after 11th rated Duke University and 30th ranked UNC-Chapel Hill. This is quite a prestigious law school, huh?!
Employment Placement Info: According to the sewage pit’s Office of Career Services, 96.6% of graduates – from the Class of 2008 – found jobs within nine months of graduation. I guess the school does not have enough resources to provide timely information on important matters such as job placement. The pigs also do not list starting salary figures.
Average Law Student Indebtedness: US “News” reports the average student indebtedness of Wake Forest University Sewer of Law grads from the Class of 2010, who incurred law school debt, as $93,223. By the way, 83 percent of this particular class took on such toxic debt, for their “legal education.” This figure does not include student debt incurred from undergrad, or in the pursuit of another advanced degree.
Administrator and Faculty Pay: Let’s head over to page 40 of Wake Fore$t Univer$ity’s 2010 Form 990. Dean Blake Morant “earned” $443,856 - in TOTAL COMPENSATION - for the 2009 tax year. Likewise, Steve Nickles, the “C.C. Hope Chair in Law and Management” at this magnanimous institution, made $400,064 in TOTAL COMPENSATION. (By the way, the overall university has a bloated administration.)
Look at the following TOTAL COMPENSATION figures - for calendar year 2009: At least, this academic institution paid its football coach, Jim Grobe, $2,275,545. This “in$titution of higher education” also saw fit to pay its then head men’s basketball coach, Dino Gaudio, a total of $848,773. Additionally, the school shelled out $694,950 to its Athletic Director Ronald Wellman.
“There is concern among law students that getting a job after graduation may be more difficult this year, said Kim Fields, director of career services at Wake Forest University School of Law.
"I do think the jobs are out there, you just have to look harder for them. You have to dig," she said.”
Thanks for that great "insight," ass-hat. Then again, what did you expect Kim Fields, as a leech and shill, to say? Her job is contingent on more people continuing to place their faith in “higher education.
Did Wake Forest University game the law school rankings?! If this story is true, then it wouldn’t be the first time a first tier law school did so. Check out this May 1, 2009 entry from Elie Mystal.
As a student at this first-class, first tier septic tank, you have the unique opportunity to write onto the Wake Forest Journal of Law & Policy. Imagine the reception you will receive when you walk into a local bar and mention that you are the symposium editor. Hopefully, none of the Wake Forest football players find out that their girlfriends tossed their panties at you, when you walked in the door. [Disclaimer: nothing similar to this scenario will occur, if you become symposium editor of this journal.]
Conclusion: This overpriced first tier toilet is contributing to the overflow of JDs and attorneys, in the state. While a decent amount of this school’s grads will enter the legal “profession,” keep in mind that this is still a risky gamble. For instance, Biglaw associates are churned and burned at an alarming rate. Those who do not land such positions must re-pay $90K-$130K of NON-DISCHARGEABLE debt, on a much smaller salary. Some graduates will not land any type of employment, for some time. Others will work in fields that DO NOT REQUIRE a law degree. These first tier commodes bill themselves as conduits to a career in Biglaw, when in fact, MANY of their graduates will never step foot in such a law firm.
Posted by Nando at 6:25 AM