Wednesday, February 11, 2015

ABA-Accredited Toilets in Indiana Experience a Fierce Plunge in Enrollment


http://www.ibj.com/articles/51685-no-relief-for-law-school-enrollment-slump

The Excellent News Continues: On February 7, 2015, the Indianapolis Business Journal published a J.K. Wall piece entitled “ ‘No relief’ for law school enrollment slump.” The entire article is fascinating, and it provides real insight into how the pigs view their students. Take at look at this wonderful opening:

“After three down years for law school enrollment, Austen Parrish expected a rebound of applications and enrollment this year at Indiana University Maurer School of Law. 

But it isn’t happening. 

The law school, which Parrish leads, saw the number of first-year law students decline 10 percent this school year on top of the nearly 25-percent decline in first-year enrollment it suffered from 2010 to 2013. 

A similar story is playing out at most law schools in Indiana and the nation. Enrollment has fallen at the IU Robert H. McKinney School of Law at IUPUI and Valparaiso University Law School in northwest Indiana. 

And a law school started recently by Indiana Institute of Technology in Fort Wayne has enrolled only a third of the students it expected. 

In response, Indiana’s law schools are not replacing retiring faculty, spending more on recruiting, creating programs for non-attorney types of legal education, and experimenting with an educational approach that responds to what many see as permanent shifts in demand for legal services.” [Emphasis mine]

Perhaps, Cockroach Austen Parrish will take a pay cut in his big-ass, unjustified salary - in order to help out his fellow academic thieves. In a just world, these swine would be taken out back and flogged severely. Later on, the story continued:

Hiring slows 

Normally, law school grads would be sucked up by private law firms. But firms aren’t hiring as much for a host of reasons, IU Maurer professor Bill Henderson wrote in Pepperdine Law Review in a searing 2013 article titled “A Blueprint for Change.” 

[Pig] Henderson, named last month by National Jurist magazine as the most influential person in legal education, noted that more corporate clients insist on fee-based contracts rather than paying for billable hours. Also, many clients refuse to pay for work performed by junior associates—that is, recent law school graduates. 

Those trends have squeezed the percentage of hours for which law firms are paid—versus what they actually worked—to about 80 percent from more than 90 percent five years ago. 

On top of that, fast-growing companies are performing electronic discovery and due diligence—the kinds of things recent law school grads were often assigned—with computer algorithms or lawyers in India. 

“The demand for our core product—traditionally trained law school graduates—is collapsing,” Henderson wrote. He added, “Stated bluntly, the legal profession is becoming a subset of a larger legal industry that is increasingly populated by nonlawyers, technologists, and entrepreneurs.” 

The drop-off in demand for lawyers is so serious that some law schools could go out of business.” [Emphasis mine]

For $ome rea$on, the law school cockroaches fail to mention the slow death of the billable hour to their students and potential victims, during either the application process or at orienTTTaTTTion. A mere oversight on their part, right?!?! By the way, you could easily replace these worthless, tenured pieces of trash with lectures on DVD. 

http://www.jdjournal.com/2015/02/09/enrollment-at-law-schools-continues-to-decline/?hvid=3fXEo6

Other Coverage: On January 10, 2015, Jim Vasallo’s entry, “Enrollment at Law Schools in Indiana Continues to Drop,” was posted on JD Journal. Focus on the brief excerpt below:

“Maurer School of Law is not the only one in Indiana suffering from a drop in enrollment. Valparaiso University Law School and the IU Robert H. McKinney School of Law at IUPUI have also suffered through a drop in enrollment. 

A brand new law school started by Indiana Institute of Technology in Fort Wayne did not bring in the number of students it expected to do so. 

Susan Fitzgerald, a higher education analyst from Moody’s Investors Service, said, “This continued decrease in student demand is consistent with our belief that the legal industry is experiencing a fundamental shift rather than a cyclical trend.” [Emphasis mine]

You’re welcome, bitches! Do you understand the importance of that last statement? That was from Moody’s, not some angry law grad working as a doc review monkey. It is great to see that college grads are now better informed – due to these blogs and mainstream articles on the scam – and making wise decisions.

Conclusion: I enjoy watching the law school pigs burn to a crisp. Who doesn’t enjoy the smell of bacon?! Just think of the numbers of young lives these bastards have collectively ruined, over the course of their academic avocation. Once you take that into account, you will not feel one ounce of sympathy for these “educators” getting bought out and bounced. In the final analysis, it is only a matter of time before a few of these dung heaps shut down. Univer$itie$ will not continue to purchase garbage law schools, and college “presidents” will not keep shelling out large amounts of cash in order to keep these filthy turds afloat.

37 comments:

  1. Speaking of roaches, apparently they do have personalities.
    http://www.huffingtonpost.com/2015/02/09/cockroaches-personalities-study_n_6641150.html

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    1. This comment has been removed by a blog administrator.

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  2. Jesus, what needs a "fierce plunge" around here is that toilet up above, amirite?

    But seriously, folks, I just flew in from Albuquerque and boy, are my arms tired...

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    1. I'm really impressed. Very few people can fly using their arms.

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  3. And with the recent collapse in oil prices, good fucking luck getting a high paying energy job to service your third tier debTTT! There's swiftly becoming no happy ending even for the creative grads.

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  4. But will schools actually start to close?

    My guess is that once that first school announces it will shut its doors, a good 20-30 more will follow almost immediately, AND applications will plummet even faster than they are doing now.

    But how much longer will it be?

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    1. Doubt it. The federal government is determined to prevent any type of price discovery or market forces on the higher education cartel. And the government is quite powerful. Heck they refused to allow the banks to go down and decided they'd prop up the stock market, and they succeeded completely.

      It's actually a drop in the bucket to prop up law schools and the entire higher education industry. Propping up the banks and the financial markets? Now that is impressive stuff.

      The entire system is rigged in favor of the elites. And make no mistake, those that benefit from the law school scam, and the higher education scam in general, are the elite classes.

      You want to know when the schools might actually start closing? The second you see these schools getting sold to average Joes. When the Deans and owners of law schools are unconnected nobodies, that is when the rug is about to get pulled out.

      The same way the stock market is still propped up because non-elite participation is still at record lows. The second you start seeing retail flowing back into the stock market, it will crash.

      The scum has been scamming for centuries. They always, always, always unload on the masses every chance they get. Heck that's what the bailouts and stimulus are, none of this BS has helped the general public in the least.

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  5. Rather than lower the outrageous tuition, the schools are "spending more on recruiting" and creating phoney-baloney programs for non-lawyers. So in the first they continue to waste money to save their salaries, and in the second they do their best to wipe away the already suspect "JD Advantage" jobs because everyone will now how legal training-so who needs a JD for a non-lawyer jobs. So new students will get shafted, and the old grads will get hosed, too, as their JDs are continually being devalued. These law schools deans and their minions are unbelievable-Nando has it right-they don't give a damn for their students or their graduates beyond their student loans.

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    1. During the good times (which lasted for *decades* uninterrupted) law schools were able to just continually rack up costs without any counter-indication this was a bad thing. Now all of a sudden they have to cut costs, and they are finding out that cutting costs is much harder than increasing spending.

      But lets not have too much sympathy for the greedy bastards. They could seriously cut costs if they wanted to, but just they don't seem very serious about it. I mean the first thing they could cut is their dean's salary, which at practically every school is outrageous. How many have seriously cut their dean's pay? None that I'm aware of.

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    2. The costs really didn't explode until roughly the last decade. Basically around when bankruptcy protection was removed from student loans. Hmm...

      That's the government for you. Whatever it touches, it screws it up for the vast majority for the benefit of the few connected pigs.

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  6. At what point did you decide it was all a scam?

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  7. Cool news, so the truth is finally sinking in. Even the Yale, Harvard and Stanford Laws are having more trouble placing these grads these days in any sort of capacity to pay their student loans, so the mass fabrications of the TTT's are becoming a heck of a lot harder to justify.

    A bit OT nando but was wondering, have you been hearing a lot about the "student loan refugee" phenomenon? In which more and more massively indebted young Americans are just picking up a new language, leaving the US (for good), changing their names and starting over? (Seems about the only way remaining to slip out from underneath the crushing burden of non-dischargeable student debt.) I ask because I'd only heard of it before and just recently two of my own old friends went this direction, with a bunch of others now moving in this direction and wondering how to do it in practice.

    Since there obviously aren't official figures on the phenomenon, here's my sketchy understanding from the anecdotes:

    -- It's not just debt-drowned JD's doing the slipping-out and emigrating thing from the US, weird thing is even people with supposedly better prospects are going the same route-- tons of undergrads, Master's and PhD's in humanities and sciences facing the min-wage adjuct prof wringer, engineers (h1b visa apparently killing their field), even many pharm, med school and dentistry grads with climbing fees and plummeting earnings.

    -- You MUST learn a language and make a clean break with the US due to the logistics -- this means continental Europe, S. America or Asia, where there are fortunately a lot of quality 1st World countries. This whole approach works because the debt-collecting scum can't and won't track you down, it'd be too expensive to do so (especially given the translation and admin costs for a non-English speaking country) and there are always more lemming victims in the next naive graduating class to prey upon anyway. The exception is if you make the dumb mistake of going to another English-speaking country, especially Anglophone Canada where the D-Bag Harper government is in full kiss-ass mode to the US financial parasites, and will go out of its way to track you down and turn you over.

    -- People have no moral qualms about this emigration since they've come to realize the whole US student-loan industry is one massive debt-induced scam and racket, forged by a circle jerk of bankers, government and academia to debt-enslave Americans. Reasons are obvious: In the USA in the not too distant past, Americans graduated almost debt free, even from professional schools. And even today if you're good enough to get admitted to university in tons of other countries, you'll finish with no debt at all, even for grad and prof school-- Germany most notably (including for Americans and int'l students) but also Nordic nations, France, Brazil and some other South American nations (many of which are 1st-world including southern half of Brazil), and parts of Asia (even China with its roaring growth has managed overall to keep college costs way down). The debt imposed on US grads isn't from "parting that's gotta be paid back", it's a collusive scam of historic proportions, full of outrageous interest (for a government-guaranteed loan), penalties, fines and other capitalizations that layer onto the original loan. And now students are wising up and rejecting the guilt-trip BS offered up by the bankers, DoE shills, academia and their well-paid media and propaganda whores about how they "owe" these slimeballs anything. Forcing people into debt and slavery is a classic tool of mass thievery, only now in a more sophisticated package in the USA.

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    1. Most of the good countries actually don't let foreigners in. The US practices open borders and that's why a lot of third world refugees head here, especially the generous amnesty and all that other stuff in place.

      It's really not easy to emigrate when you're already broke. You're actually better off just ignoring your loans and just staying in the US if you don't have EU citizenship or anything. And if you did have that, you probably would have gone to school for free in Europe in the first place.

      I actually paid off my ridiculous loans but still don't have much of a career. So I'd consider leaving, but the problem is getting jobs overseas. If you know a foreign language you can be okay in the US usually too.

      I dunno, it's just kind of a mess out there if you don't get the right career trajectory, which you can fall out of even if you do. I think student loans are just a tiny part of the problem.

      The bigger problem is the severe lack of decent jobs. And the reason for that is the ridiculous population growth. There are hundreds of people for every job opening, most work doesn't even really need to get done, so employers can just keep killing wages when they do deign to hire anybody.

      The immigrants and h1-bs and h4-as and all the other stuff certainly don't help matters, obviously they make things worse.

      Human capital just has zero worth these days. There is no incentive to train and hire anyone, and certainly the degrees don't create that incentive either. The only reason anyone really hires is because of cronyism.

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    2. Anon at 7:36: 'Most of the good countries actually don't let foreigners in. '

      True to a point, but there are ways to do it. For ex. with some countries, you can get expedited settlement rights if you had a great-grandparent (or going even further back) from the country. Italy, Germany, Greece and some of the others do this to varying extent (may help to learn at least a bit of the local dialect--or find someone good at fudging ancestral pictures and letters).

      Countries like the Netherlands help you get in with as little as $5,000 in your account and a respectable business plan. You don't even have to be too familiar with the place at first, you can worry about learning Dutch (and "trade-German") after you get there, so long as you follow through.

      Plus the EU and Schengen free-movement rules offer a work-around. Start in one (less sought after) EU country, as a spring-board to others. Many have done this successfully.

      For ex. say your eventual goal is a stronger EU country like the Nordics, Germany, Belgium/Holland or the better-off departements in France. If you have trouble getting there directly, cut your teeth in one of the eastern/southern countries like Hungary, Romania, Poland, Slovakia, Bulgaria or Greece. Much easier to get into, plus fairly low cost of living so not bad to start out. (Romania even has birthright citizenship like the USA, so it's been having its own "anchor baby" phenomenon with mothers from for ex. Russia and Asia.)

      You'll still have to hustle starting out, and the language issue can be a challenge (though German's basically a business language thruout central/east Europe so if you learn it well enough you'll have prospects), but it's very doable. One of the emigrants I know built up his savings rather than wasting them on the student-loan vultures, using them later to bide his time in Romania. Residency there wasn't much in demand so it wasn’t hard to get. He got residency and worked odd jobs--picked up a bit of Romanian which apparently has a lot in common with Spanish, plus his rudimentary-level German was a lifesaver. And from there, when Romanians gained the right to move anywhere in the EU, he was able to go to south Austria and then Germany. (He later brought his American girlfriend there but as a bonus, some of the American guys find a Romanian or Hungarian beauty to settle down with while getting their residency established.) Romania’s also a great spring-board to France and Belgium.

      And some Americans are able to go directly to France, Germany, the Nordics or other economic power-houses directly. Maybe you have knowledge of a specific product, export or local market (in the US or overseas) that e.g. a French, German or Dutch company might be interested in. One American JD grad had some curious hobby connection that made him knowledgeable about Renault and some of its overseas markets, which he was able to parlay into a residency permit and a job in France. Another did that with Phillips in Holland, another with a German university.

      Also though it sucks to have so much debt from your generally worthless US degrees, at least you do have the paper that helps you stand out as an "advanced degree holder", which in some cases alone is enough to get your foot in the door of countries with skills-preference immigration policies. Some Americans over there change their names to stay further under the radar, some don't, but most do just fine if they're resourceful enough.

      This is even before we get to South America or Asia, often easier provided that you're willing to work and learn the local culture, languages and customs.

      It's not easy to do and can take some research and hustling, but there are millions of Americans who've moved and expatriated permanently overseas, many in Europe or other countries with highest Human development index ratings and general quality. Just takes a little gumption.

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    3. This needs to become a thing.

      It would be helpful if there were links to sites with information about how to escape excessive debt.

      The problem is not going away. The whole "but Silicon Valley needs people" argument is bullshit. This bidding for talent used to be how wages increased. Now the same administration that claims to care about wages has told millennials to fuck off because they'd rather appease the Zuckerbergs with H1Bs than to allow the market to dictate wages to millennials--and to give career guidance in accordance with labor market scarcity. Unfortunately, too few millennials are able to actually comprehend that the government is not looking out for their interests.

      The scam isn't just with academia. At this point it's evident that bureaucrat-scum controlling immigration is just as complicit in the scam as the pigs whose existence relies on it and the DOE who ensures funding to it.

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    4. I have EU citizenship, and there is NO WAY I'd be stupid enough to go there to find work.

      My last trip to Europe, I was picked up at the airport by a cab driver who was an engineer. I ran into a salesgirl who had a PhD in literature. And I was sitting at a cafe with a pair of doctors in their 30s who were unemployed--one of these doctors made extra cash by writing medical school thesis for current medical students (clearly cheating & unethical, but it wasn't as if he would be working anytime soon).

      Europe has saturated EVERY industry with professionals, and now none of them can find work, unless they're the best of the best.

      The only advantage is that they don't have the debt US graduates have since all of that is paid by the taxpayer.

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    5. Can you elaborate on this? From my understanding W. Europe regulates grads because the whole system is public, like a civil service, for supply and demand. Is E. Europe flooding the system? Is the current E Bank austerity destroying jobs? How long has the unemployment problem been going on?

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  8. -- Where to go? Remember you're starting over basically so you'll probably have to apprentice and learn a new trade (though not always apparently, one guy I heard of had a connection abroad and was able to use that to find work right off the bat). Look for a country that believes strongly in human-capital nurturing rather than the 'use up, in-debt, exploit, toss out and replace" model of US and Anglophone neolib economics. Top choices in Europe are probably the Nordics, France, Holland, Belgium, some parts of Spain and Italy (they have sub-regions that are actually doing fine, no downturn), and especially Germany which seems like a solid option-- stronger economy and more exports than the US with a smaller pop., solid middle-class industries that treat you well. Germans are averse to debt in general and structure their society to avoid it. Outside of Europe-- Brazil actually kicks ass if you wind up in the right state (apparently the southern ones are better), Chile's solid and even most of Argentina is a lot better than the US media scare stories, but a lot of the coolest options are in the smaller countries (Uruguay and Costa Rica are faves) and still somewhat developing but in decent shape countries (Ecuador, Peru, even Panama). And in Asia, Korea, Japan, Taiwan, Singapore and yes, China all good options. China is what it is-- a fast-growing, somewhat wild, but low cost of living country with tons of opportunities if you're willing to buckle down and learn the language and culture. (It's not some "police state" as the media-scares try to make you believe-- the people I know who've worked there say that actually get much less hassling from the cops in China than they do in the US, and if you do wind up in court, you won't be bankrupted by the same indebted legal profession that's created the law school scam).

    -- For similar reasons more and more American youths and families are acting preemptively and moving overseas to these sorts of countries to get their education, and remaining there afterward to use their degrees. I think a big catalyst has come about in just the past 3 months, when Germany's full abolition of college and grad-school tuition, even for int'l students, hit the news and went viral:
    http://www.dazeddigital.com/artsandculture/article/22027/1/germany-scraps-tuition-fees-for-all-universities
    http://sandwalk.blogspot.com/2014/10/germany-abolishes-tuition-fees.html

    This has also increased awareness of such free tuition in other countries too.

    Now American students are getting wise to the scams and corruption of the US debt-driven economic system in general. Even outside of student loans the thieving parasites who run the USA's social and economic institutions have myriad other ways to turn you into a debt-slave-- medical bills, divorce, childcare costs, even traffic and court fines in some states will land you in the poorhouse in the United States, even if you're otherwise well-off, skilled, entrepreneurial and have decent saved-up assets to your name. So emigration is making sense for all kinds of reasons. It's weird, sorta like the very corruption and other reasons that drove Europeans to emigrate to America in centuries past, now are taking over America and forcing Americans to emigrate in the other direction. Except that given the political strength of the US financial and academy-industrial complexes, the corruption and societal damage done by the parasites in the USA (and their sycophants in Canada, Britain and Australia following their lead) is far worse. Societal wreckage on steroids.

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    1. I hear you, but...

      Nominally - i.e. in name only...the USA has decided to invidiously discriminate against one type of debt and one type of debtor. Again, that means some elected officials in semi-secrecy decided to F' Over their constituents figuring they could find a line under which to sell the action to them, of that they'd never pay enough attention to know what had happened to them.

      The federal policy of non-dischargeability of student loans, removal of basic TILA consumer protection, etc. etc. amounts to a disparate impact against specific age group(s) and socio- economic class.

      It's apartheid for the working classes.

      The real choice that young Americans face is Do Not Go To College...OR go to college and pay a cartel, monopolized price on credit from the government at above-risk-free-rate interest, even though you have no bankruptcy rights, even though if you re-fi the debt is not dischargeable, even though you lose social safety net benefits like permanent, total disability, etc. etc.!!

      I say FUCK THAT.

      It is not justifiable, and most importantly to the slave-master, it will not result in the expected profit.

      Already, the DOE is losing *billions* on federal student loans.

      As of 2013, the DOE was bragging that they'd made a 50 billion dollar profit on student lending...one year later they're booking a 21.8 billion dollar loss!

      Ha, ha. Game Over.

      I think I need to stay in my country and fight for legal equality.

      There are one hell of a lot of student debtors. Add to that number our spouses, significant others, parents, children and friends and you've got a political majority.

      We can and we will change the law and the system.

      Even for a cynic beaten down by the dishonesty of the system, sheer numbers are undeniable.

      40 million federal debtors will be 50 million next year, then 60 million, 70 million, 80 million in a few years' time.

      There are only 316 million people in the whole USA and fewer than that are of voting age.

      WE WILL WIN.

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    2. ^ Go to Monaco instead. It's easy to get a visa there, if you have enough money to your name.

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    3. certainly the situation varies with what country you're moving to, but where do you go/what resources do you use to figure out what happens to your student loans by country?

      what are the legal things to consider?

      - which countries offer citizenship to student debtors?
      - extradition?

      International Law folks: this is your time to shine. Pick a country. what would a person need to know/consider to be a student loan refugee in that country?

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    4. why not simply go on income based repayment or alternatively simply join the underground cash economy. Leaving the country is nuts.

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  9. Indiana Tech has recruited the former dean of Thomas Cooley Law School, Mr. Circone, to become the dean of their new law school. So you get an ass clown who jumps a sinking ship called Cooley to get on board at unacreditted Indiana Tech. I don't see any way that Indiana Tech can improve the situation except closing its doors.

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    1. Circone could transform Indiana Tech law school into the Fort Wayne campus of Cooley. A win-win situation for everyone.

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  10. https://www.youtube.com/watch?v=0Kz7YUdy-Cg

    Anyone who goes to Cooley or Indiana Tech.

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  11. Ronnie T. Stinkenberger, Dean for Student Recruitment at the Roger B. Taney School of LawFebruary 12, 2015 at 2:04 AM

    Hello Everyone, our new provisionally accreditted law school the Roger B. Taney School of Law is accepting applicants for our fall 2015-2016 school year. We are located right in the exciting heart of Washington, D.C.! Where else would you want to study law? We are literally a stones throw from the Supreme Court building and other important government offices! In fact, we are right next door to the Department of Education which makes it easier for our students to finance their education. We even have an accelerated Juris Doctor program, which means you can accelerate your debt faster too! We have a world-renowned LLM in program in Constitutional Law and Human Rights here at the Roger B. Taney School of Law! We are of course named in honor of former Supreme Court Justice Roger B. Taney, who represented the finest in public service to our nation.

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    1. LOL.

      I suspected the Law School Truth Center of authoring this post because the parody is nearly indistinguishable from a real, toilet pitch!

      Plus, the fact that I'd never heard of the "Roger B. Taney" School of Law did not tip me off, because until today I'd never heard of the William Mitchell School of Law!

      :) Cheers, mate.

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  12. There are so many ways to look at all this.

    1. My debt out of law school was $1,500. (That is correct-1977). 2 1/2 years to find a job. First offer was $9,600 per year; no benefits except 2 weeks unpaid vacation. I didn't accept it. I did get a job at $12,100 per year. Total annual starting income was 8+ times total debt. A student today, to keep "even," with $120,000 of tuition debt, needs to start at $960,000.

    2. How does it help the underrepresented low income folks by providing new attorneys saddled with crippling debt themselves?

    3. Graduates of every curriculum who have huge debt will not be buying cars or houses anytime soon. The economy will know it. In middle age, they will face their childrens' tuition issues. Auto dealers and realtors should join this movement. The legal and educational scam will have an effect for at least one generation and probably more, it seems to me.

    Ask not for whom the bell tolls...

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    1. What children? And why would you pay for your children's tuition? If your parents paid for yours, you wouldn't have any debt. But your parents didn't, probably because they couldn't afford it.

      You probably can't even afford children, but if you could, you won't be able to afford the tuition.

      Japan has completely eroded because they've been pulling the scam even longer than the West. They have generations of unemployed and underemployed that can't start families or buy houses. They've tried the shaming tactics, mocking young men especially for being "NEETS" or whatever other euphemisms for "loser" they can come up with, but it's not changing their demographic issues.

      When you take opportunities away from generations of people, families do not form, houses aren't bought, and children aren't born.

      The US works around that by importing immigrants, and just not caring about its indebted failure generations. But a country like Japan that hates immigration and is extremely xenophobic just dies outright.

      The US will face a different failure. The US failure will probably be more catastrophic, as with homogeneity Japan's crime rates will stay low.

      In the US, the crime rate is going to soar. There was a time when cities were known for high crime rates and nobody would choose to live in them. This was before the economic prosperity and police presence the last few decades.

      Take away the economic prosperity, and watch out, it's going to be a mess. The posters writing about expatriating probably have the right idea. At the very least, get out of the cities.

      Delete
    2. Well, wow.

      I guess I didn't recall any mention of "Japan" in my post, but as it was my post, and Japan was not relevant, I did not include it.

      My POINT was that since my day, there has been a monumental and profound shift in the percentage relationships between income and law school tuition.

      In my day, I could make $870 working at a scout summer camp. Compare that to my $1,100 in annual law school tuition.

      If today a law student could earn that percentage of their annual law school by working at summer camp, they don't need a law degree, they have a fine job right now.

      If you want to rant on Japan, post your own post-don't get lost in mine.

      And, in my day, my parents did pay most of my tuition and room and board. They were my parents. And I, in turn, have tried to maintain the pattern and educate my children to the best of my ability. I have 3 sons, one M.D., one civil engineer, one headed to college in mechanical engineering, and 3 Eagle scouts.

      Neither my family, nor Japan is relevant to the issue:

      It was MUCH easier to afford law school in my day and now it is virtually IMPOSSIBLE; I could pay most of my way with summer camp income.

      NONE of my children will be lawyers. I will kill my practice the day I walk out the door.

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    3. Japan's bubble blew in 91; however, the gov and corps, probably because of homogenity, kept the system going until c.a. 2005. What the country has done since then is ramp up off-shoring and increase part-time employment. (Full-time employment in Japan still means permanent job, free health care, pension, etc.)
      There are many lost youth in Japan, but the situation isn't as progressed as here.There is no financial sector in Japan (most people keep their money at the post office); there is more government support for working poor--and, yes, most of all, there is no 3% annual increase of population due to open borders.

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  13. Take a look at the 2014 STTTTTandard 509 InformaTTTTTion ReporTTTTT for the trash pit known as Indiana Tech Law Sewer:

    http://law.indianatech.edu/wp-content/uploads/2014/12/509.pdf

    “Number of applications: 96
    Number of offers: 78
    Number of matriculants: 35
    75th percentile GPA: 3.15
    50th percentile GPA: 2.85
    25th percentile GPA: 2.49
    75th percentile LSAT: 151
    50th percentile LSAT: 148
    25th percentile LSAT: 142”

    Hell, inner city soup kitchens are more selective in who they admit. They seriously turn away more people than this festering garbage heap. Scoring a 142 on the LSAT is the equivalent of losing an arm wrestling match to a 10 year old, i.e. it’s beyond pathetic.

    http://law.indianatech.edu/admissions/consumerinfo/

    “Admissions Data (Standard 509(b)(1))

    Indiana Tech Law School uses a holistic approach in reviewing applications for admission. Three members of the faculty, and the assistant dean for admissions, serve on an Admissions Committee and they review every application that is received. Each member of the committee has attended law school and possesses a J.D., so they understand that a successful law student is a well-rounded person with a variety of life experiences. To that end, multiple factors are considered when determining whom to admit to our program.”

    Read: If you have a pulse, then we have a seat for your ass. Here, sign on the dotted line, sucker/stupid son of a bitch. Enjoy paying back your $125K+ in NON-DISCHARGEABLE debt, while earning a paltry $40K per year.

    ReplyDelete
  14. There is a merger proposed between William Mitchell and Ham line
    Go to the National Law Journal. It's already happenin now.....soon there will closures

    ReplyDelete
    Replies
    1. Yuck. I can't celebrate mergers, even though they are a sign of financial distress, because they are a way for two nasty pits to keep going with their combined powers of scam.

      The only bright spot is that some faculty and administration will be laid off or forced into retirement. From there, they can reflect anew on what they've been involved in.

      Delete
  15. Earning $40k per year with an Indiana Tech Law degree? That actually sounds optimistic.

    ReplyDelete
  16. Thank you for the wonderful news, Tenaea. It has taken a while to get here, but the combined effort of many committed people is starting to show results. This is the equivalent of a knockdown.

    https://lawschooltuitionbubble.wordpress.com/2015/02/13/glaxosmithklinehamlinemitchell/

    Matt Leichter posted about this on his latest LSTB post, “GlaxoSmithKlineHamlineMitchell.” Check out this brilliant excerpt:

    "The only thing that should surprise anyone less than Hamline’s and William Mitchell’s merger should be their new name, Hamline|Mitchell, which sounds like a self-satisfied pharmaceutical company. In fact, Mitchell was the product of five law schools between 1900 and 1956. It’s like planetary accretion.

    Personally, my money was on University of La Verne, which has still managed to stumble along, despite its superfluousness, but the biggest loser here is Slate‘s Jordan Weissmann who bet a mere $2.00 with UC-Berkeley’s Steven Davidoff Solomon that at least one law school would close or merge by 2018. Come on, everyone knew a law school would close or merge by 2018. Like, what were you thinking?? I swear, the best investment opportunities are squandered on the folks who can afford them.

    The only real news of note is what we still don’t know. From the Star Tribune:

    [Former Mitchell dean Eric] Janus acknowledged that combining the two schools will result in some cuts in faculty and staff. But he declined to speculate how many jobs may be lost, and said he hoped to avoid layoffs through voluntary attrition."

    When I posted this original entry, I was initially a little concerned because it was the first time I expressed confidence that an ABA-accredited toilet would end up closing down. Now Hamline has waved the white flag. This is excellent news! Let’s see if other dung heaps follow this example. In the final analysis, the pigs are all about $elf-pre$ervation. They are not merging out of any concern for students or “the legal community.” The cockroaches will certainly express it in those terms, but they merely want to continue to participate in the law school scam for a bit longer.

    ReplyDelete
  17. How dare you call Professor Henderson a pig. First off, he was my Business Organizations professor and one of my favorite professors. More importantly, however, he has raised all of the issues this blog has! He called for the closure of half of the ABA accredited schools to align supply and demand, called for rethinking the ABA curriculum to provide a more meaningful training mechanism and more value for law firms, and has advocated for lower costs in legal education. How can you possibly call your greatest law professor ally a pig?! Totally unwarranted and inappropriate.

    ReplyDelete

 
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