The Story: On June 17, 2016, the New York Times published a Noam Schieber piece that was entitled “An Expensive Law Degree and No Place to Use It.” Check out this splendid opening:
“By most measures, John Acosta is a law school success story. He graduated from Valparaiso University Law School — a well-established regional school here in northwestern Indiana — in the top third of his class this past December, a semester ahead of schedule. He passed the bar exam on his first try in February.
Mr. Acosta, 39, is also a scrupulous networker who persuaded a former longtime prosecutor to join him in starting a defense and family law firm. A police officer for 11 years in Georgia, Mr. Acosta has a rare ability to get inside the head of a cop that should be of more than passing interest to would-be clients…
Yet in financial terms, there is almost no way for Mr. Acosta to climb out of the crater he dug for himself in law school, when he borrowed over $200,000. The government will eventually forgive the loan — in 25 years — if he’s unable to repay it, as is likely on his small-town lawyer’s salary. But the Internal Revenue Service will probably treat the forgiven amount as income, leaving him what could easily be a $70,000 tax bill on the eve of retirement, and possibly much higher.
Mr. Acosta is just one of tens of thousands of recent law school graduates caught up in a broad transformation of the legal profession. While demand for other white-collar jobs has grown substantially since the start of the recession, law firms and corporations are finding they can make do with far fewer in-house lawyers than before, squeezing those just starting their careers.” [Emphasis mine]
Broke-ass, criminal defendant scum clients will not be able to appreciate Acosta’s background – at least not where it counts, i.e. with dollars. Now scroll down to this disgusting portion:
“Belatedly, many schools are starting to respond to this brutal reality, or at least the collapse in applications it has set off. In February, Valparaiso announced it was offering buyouts to tenured professors. As of May, 14 of 36 full-time faculty members had either accepted the package or retired. The law school plans to reduce its student body by roughly one-third over the next few years, from about 450 today.
To the faculty at Valparaiso and the roughly 20 percent of the 200 or so American Bar Association-accredited law schools that have cut back aggressively in recent years, these moves can feel shockingly harsh.
“Maybe I was naïve, but I didn’t think it would be as stark,” said Rosalie Levinson, a longtime constitutional law professor at Valparaiso who recently headed a committee on restructuring the school. “The number of tenured faculty that would be leaving — not gradually but immediately — just personally, that was difficult.”
But from the perspective of the students caught up in the explosion of unrepayable law school debt, the shake-up at the school, and others like it, look rather pedestrian.
Given the tectonic shifts in the legal landscape, the relevant issue may not be how much law schools like Valparaiso should shrink. Today the more important question is whether they should exist at all.” [Emphasis mine]
As you can see clearly, the law school pigs do not give one goddamn about YOU, the student or recent financial rape victim/graduate. Instead, their hearts bleed for their fellow swine who were given buyouts. What beacons of integrity, huh?!?!
Other Coverage: On June 17, 2016, Elie Mystal wrote an ATL entry that was labeled “Vivisection Of A Dying Law School.” Enjoy the following excerpt:
“The New York Times: Dealbook had a brilliant article yesterday, written by Noam Scheiber, called “An Expensive Law Degree, and No Place to Use It.” Don’t let the 2009-era headline fool you, this thing is actually a case study of one, totally screwed, lower tier law school. It’s jammed packed with personal anecdotes that put a human face on the tragedy of bad law schools. I encourage you to read the whole thing.
The school is Valparaiso and… Jesus, the confluence of bad decisions is just amazing. Look at the first student profiled, a 39-year-old former cop who is trying to start a criminal defense practice..
Just marvel at the things that are wrong in those two paragraphs:
* You don’t borrow $200,000 to go to Valparaiso Law. If somebody gave you $200,000 and you spent it on Valpo Law, you should be kicked in the nuts, daily.
* You don’t borrow $200,000 to go to ANY law school, if your goal is to hang out a shingle as a criminal defense attorney.
* You are not a “success story” if you can only crack the top third at freaking Valpo. Going to Valpo and finishing out of the top five percent means you failed.
John Acosta had a good job and not $200,000 of debt, and he traded it for a Valparaiso Law Degree and the magic beans of hope.
And Acosta isn’t in the worst shape. The article closes by profiling a woman who graduates in 2015 and now works at Meijer (Meijer is like K-Mart and Gristedes had a baby that grew up homeless in Flint) having failed the bar twice.” [Emphasis mine]
Acosta is in TERRIBLE financial shape. According to the NYT story, he managed to get engaged to another Valpo Law student – and they will have close to half a million dollars in debt. She also has a child to support. Yeah, law school was a great decision, right?!?!
Conclusion: In the final analysis, Valparai$o Univer$iTTTTy Sewer of Law is a FOURTH TIER TRASH PIT – as rated by US “News” & World Report. The jackals running that cesspit could not care less about you, the student or recent graduate. They saw an easy mark, and they enrolled your ass. I’m sure they told you that you were “special” throughout the application process and during OrienTTTTaTTTTion. Three years later, they dumped your corpse along the side of the road – and moved on to the next group of victims. After all, “professors” and deans need to make bank for pathetic amounts of “work” each week. You, the student, are a mere means to an end.