Friday, February 26, 2016
Midwe$TT: On January 15, 2016, Jack Crittenden posted a National Jurist article labeled “Loyola Chicago to offer weekend part-time program.” Look at the following portion:
“Loyola University Chicago’s School of Law has redesigned its part-time J.D. program to provide a more flexible weekend format, consisting of classes over 14 weekends a year that mix campus-based and online learning.
"We wanted to reconcenptualize part-time legal education to make it available to a broader range of people," said David Yellin, dean at Loyola Chicago. We have five plus years of distance [learning] experience and we put that experience to use to come up with this model."
Loyola offers seven online degree programs for graduate law students, making it one of the largest online providers in the U.S. For this program, students will meet on campus on seven weekends each semester, rather than in the evenings. Up to one-third of the instruction in each course will be taught through distance learning, which will allow the reduced in-class time to be used more creatively.
"It will be a truly blended learning program," Yellin said. "On a regular basis, students will be doing assignmemts through distance learning and then coming to class to build on what they learned. It will include videotaped lectures, problem sets they have to do, other kinds of exercises, and chat rooms and other ways to communicate with professors." [Emphasis mine]
If you bastards can provide videotaped lectures, then why can’t you post these online for a MUCH smaller fee?! By the way, do you think that making it EASIER to gain admi$$ion into your stench pit is going to improve your pathetic repuTTTaTTTion?!?!
$ouTTh: On February 25, 2016, this publicaTTTion featured a staff submission entitled “U Tennessee launches certificate in engineering and construction.” Try not to laugh too hard when you read the following nonsense:
“The University of Tennessee College of Law will offer a Graduate Certificate in Contractual and Legal Affairs in Engineering and Construction in the fall, run in conjunction with the UT College of Engineering.
The 15-credit-hour graduate certificate is designed to give lawyers a background in construction and engineering and to give engineers and construction professionals a background in law, specifically contract law. Both fields overlap substantially, from the planning and contracting stages, through project implementation and contract administration, and sometimes ending in formal dispute resolution proceedings. In such an environment, a broad range of knowledge in both fields is not only desirable, but it may be critical to a firm or project’s success.
“Our graduate certificate program is an invaluable opportunity for interdisciplinary learning and instruction at the College of Law,” said Alex B. Long, associate dean for academic affairs and professor of law. “Law students will gain a greater perspective by taking classes with engineering students and individuals currently working in the construction field. Plus, students who acquire the certificate will be able to market themselves more effectively to employers in a society where construction engineering is a powerful force in our economy.” [Emphasis mine]
Yes, there is no doubt that construction companies – and their attorneys – will fold under the pressure of facing a lawyer armed with a 15 credit hour graduate cerTTTificaTTTe in “Contractual and Legal Affairs in Engineering and Construction.” Apparently, that is enough to make one an “expert” in this area.
Ea$TT: Back on January 13, 2016, National Jurist published a staff piece, under the headline “Albany law students can take masters classes in history, criminal justice.” Enjoy:
“Albany Law School students can now take masters courses in history and criminal justice at the University at Albany. The agreements call on each school to recognize and accept credits for a range of specific courses, creating a more efficient experience — specifically less costly and less time for the students.
The agreement between Albany Law School and UAlbany’s School of Criminal Justice, and another between Albany Law and the College of Arts and Sciences, provides more collaborative academic offerings for students pursuing a law degree with a Masters of Art in History, and a law degree with a Masters of Arts in Criminal Justice.
“Students in the School of Criminal Justice are often interested in pursuing a J.D. degree, so this is a very natural connection,” said University at Albany Senior Vice President for Academic Affairs and Provost, James Stellar. “Working together, we can now provide our students with an opportunity to explore the timely issues of the intersection between law with criminal justice and history right here in the Capital Region.”
“This makes perfect sense,” said Alicia Ouellette, Albany Law’s President and Dean. “These agreements are yet another example of the way our two schools can align to offer a richer student experience for our students. Students of history and criminal justice make excellent law students.” [Emphasis mine]
It only makes perfect $en$e for the law school pigs and other “educators”, Alicia Ouelette. Also, by “richer student experience,” you mean accumulating more NON-DISCHARGEABLE debt, for another worthless-ass academic “credential.” After all, how many hiring managers – or even desperate solo lawyers – are thinking to themselves “If only we had someone here with a background in criminal justice!
Conclusion: Try not to be stupid, lemmings. These moronic offerings of certificate$ or dual degree$ WILL NOT ENHANCE your job prospects! Incurring additional student debt, for such a supposed credential, will only certify to potential employers that you are a sucker. That is not the image you want to project. I only point that out, since you obviously suffer from fetal alcohol syndrome or some other intellectual impairment. Why not go to culinary school or graduate from beauty school, so that you can really impress the hell out of HR department heads and interview committees?!
Posted by Nando at 4:57 AM
Sunday, February 21, 2016
Let’s Lower the Bar Further!: On February 20, 2016, the Wall Street Journal published a Sarah Randazzo piece, entitled “LSAT’s Grip on Law-School Admission Loosens.” Take a look at this opening segment:
“Law schools are toying with a new way to boost shrinking applicant pools: dropping the Law School Admission Test requirement.
University of Arizona College of Law began accepting Graduate Record Examination scores in lieu of the LSAT for applicants this month, and other schools say they are weighing the same move.
The change counters decades of reliance on the LSAT to gauge readiness for a legal education. The test is also a key measure in closely followed national rankings of schools.
Arizona Law administrators say they have proven the GRE is just as effective a measure and that it complies with accrediting rules. Traditionally, the GRE has been used for admission to graduate and business-school programs.
The American Bar Association, which requires accredited schools to consider LSAT scores or those of another “valid and reliable” test when making admissions decisions, says it plans to independently determine whether the GRE meets that requirement.
“This isn’t an effort to declare war on anybody,” said Marc Miller, the dean of Arizona Law in Tucson. “This is an effort to fundamentally change legal education and the legal profession.”
Mr. Miller said using the GRE will diversify the law school pipeline by capturing those with broader interests and backgrounds, including students interested in joint degrees. At least five times more people took the GRE in the last admissions cycle than the LSAT.
“The GRE is regarded as the easier test,” said Jeff Thomas, executive director of prelaw programs at Kaplan Test Prep. “The entirety of the LSAT was meant to mimic the law school experience, while the GRE was not created for that particular purpose.”
The traditional law school test emphasizes logical reasoning and reading comprehension, while the GRE also tests math and vocabulary. Unlike the LSAT, which is administered four times a year, the computer-based GRE can be taken on a rolling basis and offers more immediate test results.” [Emphasis mine]
Since the GRE is offered all the damn time, this allows the commodes to increase their potential pool of lemmings. Plus, it should lead to many last minute applications – from idiots who could not get into the Master’s degree or PhD program of their choice. Yes, what a “principled stand," huh?!?!
Other Coverage: Staci Zaretsky posted an ATL entry that was labeled “This Law School Will Pay You To Take The GRE To Save Its U.S. News Rank From The Dreaded LSAT” – on January 28, 2016. Enjoy the following portion:
“What are law schools trying to do now to keep the LSAT far, far away from their U.S. [N]ews ranking? At Wake Forest University School of Law, a dean is sending emails to recent graduates with this subject line: “Want to be a Trailblazer like Notorious RBG? Help WFU Law Blaze a New Pathway to Law School.” Oooh, Notorious RBG! Everyone loves Ruth Bader Ginsburg! Wake Forest is so hip and so cool, tell us more!
Asinine subject line aside, Wake Forest has teamed up with Educational Testing Service (ETS) and two other law schools to see if the GRE would work as an alternative to the LSAT for law school admissions, and the school needs assistance from both current students and recent graduates for some experimentation. Here’s more information from the email sent by Ann Gibbs, Associate Dean of Administrative & Student Services:
On behalf of WFU Law, I’m asking for your help in conducting research about standardized tests in law school admissions. …
150 WFU law students or recent graduates (Classes of ’13 and later);
Who are willing to take the 4-hour GRE here at any Prometrics testing location (thousands worldwide) or on campus if you happened to be in town on Saturday February 13 OR who are willing to share a past GRE score that was taken in August of 2011 or later, and
Who are willing to have their LSAT scores, law school grades, and demographic information used for anonymous comparisons.
You will receive lunch on the day of the test and $50-$75 for your time:
$50 to take the GRE;
An additional $25 if your GRE score places you no lower than 20 percentile points under your LSAT percentile. This is offered as an incentive for you to take the test seriously, though there is no need to study.
Can you help us by being part of this study? We really need good participation from the students and alumni, and I am hoping this can be a community effort.
How desperate is Wake Forest to get rid of the LSAT? Wake Forest is so desperate that it’s willing to pay people to take a standardized test with a math component. Yikes.” [Emphasis mine]
Hell, why don’t the desperate pigs throw in a couple of bottles of Captain Morgan Silver and a set of steak knives – after the exam? At least then, you can properly reward these dolts on their admi$$ion into your “prestigious legal education” program. By the way, Wake Fore$t Univer$ity Sewer of Law is rated as the co-47th greatest law school in the entire nation – according to US “News” & World Report.
Conclusion: At what point will the law school cockroaches simply accept a high school spelling quiz score of 80% or higher, in lieu of an LSAT score?!?! In the final analysis, the bitches and hags merely want to get asses in seats – especially if it does not impact this metric in US “News.” Remember, “law professors” and administrators want to get their grubby hands on all that federal student loan money! They couldn’t care less what happens to YOU, upon graduation.
Posted by Nando at 1:20 AM
Tuesday, February 16, 2016
First Tier Dung Heap University of Arizona James E. Rogers College of Law is Now Admitting GRE Applicants
Pathetic Development: On February 11, 2016, Elie Mystal posted an ATL entry that was labeled “Law School To Accept GREs In Order To Corner The Market On Mediocrities.” Check out this opening:
"Nowadays, the only barriers to a legal education are the ability to fill out a financial aid form and the ability to fill out the LSAT. You don't even have to "take" the damn thing, JUST FILL IT OUT. Law schools are so desperate to fill seats that anybody can get in. The "brain drain" from law schools is real, and, like climate change, the only people who deny it are the very dumb or those who care more about their profit margins than a sustainable ecosystem.
At least the LSAT separates out the people who have done some basic research into legal education from those who think a J.D. and a Ph.D. in “law” are the same thing. But, evidently, that bar was just a little too high for some law schools. The University of Arizona Rogers College of Law has decided to accept GRE scores in lieu of LSAT scoresfor new applicants who choose that option. We’ve previously talked about Wake Forest Law looking into the same arrangement.
That’s the University of Arizona, folks. We’re not talking about some InfiLaw diploma mill like Arizona Desiccation or Arizona Summit (only one of those names is a joke). We’re talking about a relatively respected state law school that is now inviting in people who couldn’t even be bothered to take the LSAT.” [Emphasis mine]
Currently, the Univer$ity of Arizona Jame$ E. Roger$ Commode of Law is rated as the co-42nd greatest, most remarkable and amazing in the entire nation, by US “News” & World Report. You expect this type of nonsense from sewage pits such as Cooley or Touro. Then again, the law school pigs want to put as many asses into seats as possible – even with fewer applicants.
Three paragraphs down, Mystal continue to piss on this public commode:
“Make no mistake about what is going on here. Now, not only will Arizona take pretty much everybody who is able to score above “illiterate” on the LSAT, they’ll also take the people who took the GREs but were too stupid to get into their first choice graduate program they wanted when they signed up for the damn test.
People with good GRE scores will continue on their path. People with bad GRE scores will get caught in the law school trap. Watching Arizona do this is like watching the moment when a bear decides, “Why would I head to the salmon stream when there’s all this human garbage people have literally just been throwing away.”
And in the bargain, Arizona will have an opportunity to hide the crappy LSAT scores of its admitted students from U.S. News by matriculating a class of students with no LSAT scores at all.” [Emphasis mine]
Other Coverage: On February 11, 2016, Paul Caron re-published a Karen Sloan piece from the National Law Journa;, in his TaxProf blog. He used the headline, “Arizona Is First Law School To Admit Students Based On GRE Instead Of LSAT.” Enjoy the following excerpt:
“No LSAT score? No problem—at least at the University of Arizona James E. Rogers College of Law.
The law school in Tucson will become the first to accept applications from prospective students who have taken the GRE General Test instead of the LSAT, administrators announced Wednesday.
Effectively immediately, the school will consider either LSAT or GRE scores in admissions, a move the law school’s dean, Marc Miller, said would help it reach a broader pool of would-be applicants. That, in turn, should result in a stronger student body, he added. ...
The school made the decision to accept the GRE after a study conducted by Educational Testing Services, which administers the GRE, concluded that the test, coupled with undergraduate grade-point average, is as reliable as the LSAT in predicting the taker’s success in the first year of law school. ...
Loyola University Chicago School of Law Dean David Yellen predicted that other law schools will follow Arizona’s lead if the school is able to bring in a larger—and stronger—applicant pool as a result of accepting the alternative test.
“I think this will potentially be a major change in legal education,” Yellen said. “If Arizona is successful using a different test, there will be a lot of pressure on other schools to move in that direction.” [Emphasis mine]
It’s sickening to see other jackals chime in and say that many law schools may follow this trash heap’s lead in accepting people who couldn’t be bothered to take the LSAT. Hell, you can now score 143 on the damn thing – and still gain admi$$ion to dozens of ABA-accredited toilets. In the end, this is another way for the rats to access more federal student loan money – again without taking the legal job market, or the graduates’ ability to repay the NON-DISCHARGEABLE debt, into account. How principles and ethical, huh?!?!
Conclusion: At what point will the law school swine start admitting students who have merely graduated from college with a minimum GPA of 2.5, people?!?! Nobody can honestly state that the cockroaches are doing this for the benefit of students, potential legal clients, or even the supposed “profession.” Does anyone with an IQ above 70 think – for one damn second – that any group other than “professors” and administrators will gain from this scheme? Attending CreighTTTon or Albany Law Sewer, and graduating with $140K+ in NON-DISCHARGEABLE debt, will not improve your financial situation, Dumbass!
Posted by Nando at 12:20 AM
Thursday, February 11, 2016
Thanks for Playing, Lemmings!: On February 8, 2016, Staci Zaretsky wrote an ATL entry entitled “The Law Schools With The Most Graduates Who Aren’t Using Their Law Degrees.” Enjoy the following segment:
“Why go to law school if you aren’t going to use your degree? If you’re going to accumulate up to six figures of student-loan dollars, you may as well bite the bullet and start practicing law. Thanks to the vagaries of the entry-level job market, however, try as they might, many recent law school graduates simply aren’t able to work as lawyers. Finding a job as an attorney after graduation wasn’t as easy as they were led to believe, and many of them are now working in positions where bar passage isn’t a requirement and having a law degree isn’t even considered an advantage.
Graduates of some law schools have been hit harder by this depressing trend than others, and thanks to a new ranking from StartClass that’s sure to make law school administrators cringe, we now know which schools are pumping out the most graduates who’ve been unable to make the transition from would-be lawyers to practicing lawyers.
Using the most recent jobs data compiled by the American Bar Association, StartClass pulled information on graduates of each of the 205 law schools accredited by the ABA, finding the percentage of graduates who were employed, but not in positions where bar passage is required or a JD served as a demonstrable advantage. For the purposes of this ranking, “[t]he percentage of graduates not using their law degrees includes those who are employed in professional, non-professional and undeterminable positions.”
Here are the top 10 law schools where graduates aren’t using their degrees:
1) Pontifical Catholic University of Puerto Rico School of Law (51.3 percent aren’t using their degree)
2) Interamerican University of Puerto Rico School of Law (45.5 percent aren’t using their degree)
3) Florida A&M University College of Law (29 percent aren’t using their degree)
4) Lincoln Memorial University Duncan School of Law (27.9 percent aren’t using their degree)
5) University of Puerto Rico School of Law (25.4 percent aren’t using their degree)
6) Appalachian School of Law (23.9 percent aren’t using their degree)
7) Western Michigan University Thomas M. Cooley Law School (23.3 percent aren’t using their degree)
8) Widener University School of Law (Wilmington) (22.2 percent aren’t using their degree)
9) Thomas Jefferson School of Law (21.7 percent aren’t using their degree)
10) Widener University School of Law (Harrisburg) (21.2 percent aren’t using their degree)
Three ABA-accredited law schools in Puerto Rico that our readers have likely never heard of all landed in the top 5 of the StartClass ranking, followed by some of the usual suspects, like Thomas M. Cooley Law School and Thomas Jefferson School of Law.” [Emphasis mine]
Is anyone surprised to see excrement piles such as TTTT Cooley, Widener, Appalachian Sewer of Law, and TTTThoma$ Jeffer$on $chool of Law on this decrepit list?! Hell, this lineup would be suspect if it didn’t include these certified dung heaps.
Other Coverage: On February 4, 2016, the ABA Journal published a Debra Cassens Weiss piece that was headlined “These law schools had the highest percentage of employed students not using their degrees.” Take a look at this opening:
“Two law schools in Puerto Rico top a list of schools that produced the largest percentage of graduates who aren’t using their law degrees in their jobs.
The schools were ranked based on the percentage of their employed grads who don’t have positions in which passing the bar is required or having a JD is an advantage. StartClass created the list using ABA data on students who graduated between Sept. 1, 2013, and Aug. 31, 2014. Its findings are reprinted by the Arizona Daily Star.”
For some reason, the Arizona Daily Star article cited no longer appears online. Perhaps, the pigs threatened to open a fourth law school in the state, if the paper did not remove the story. By the way, even these pathetic numbers are skewed somewhat, since they pertain to employed graduates and include supposed “JD Advantage” positions.
Honestly, how many non-law employers truly consider a law degree as a plus in a job candidate?! The fact remains that most companies view a Juris Doctor negatively, because they perceive lawyers as combative and more likely to sue if they are later terminated. Hell, a quick search for JD Advantage positions on Indeed pulls up 748 results – and many of those are attorney jobs. The first page currently includes sales representative, financial and senior consultant, and collections account manager. In fact, the sales rep gig pays $50K per year and the collections post offers $14-$16 an hour. Yeah, you’ll make everyone – including yourself – so proud of your $150K TT law degree, for a chance to make such princely sums of money!
Ranking of This Group: As you can see, every member of the bottom 10 is a member of fourth tier wasteland, as rated by US “News” & World Report. Yes, that is quite an accomplishmenTTTT, huh?!?! The only commode that doesn’t appear is Lincoln Memorial University, which only has provisional accreditation from the ABA. Do you sense a pattern, moron?!?! Has it sunk into your tiny brain yet?! Would you wilingly pay $42K for a 1983 Subaru that doesn’t start?
Conclusion: In the final analysis, if you do not understand that attending an expensive-ass fourth tier trash pit is foolish, then you are too damn dumb to order food for yourself. If you do not land an attorney position, as graduate of one of these toilets, then what are you going to do in order to repay $130K in NON-DISCHARGEABLE debt? Do you think – for one second – that corporate America is actively looking to hire TTTT grads, and place them in high-paying jobs?
Posted by Nando at 4:50 AM
Saturday, February 6, 2016
Par for the Course: On January 26, 2016, the Indiana Lawyer published a Marilyn Odendahl piece, that was entitled “ABA committee recommends Indiana Tech Law School for accreditation.” Read the portion below:
“Indiana Tech Law School’s application for provisional accreditation has received support within the American Bar Association.
The Accreditation Committee of the ABA’s Section on Legal Education and Admissions to the Bar recommended Jan. 21 that Indiana Tech’s application be approved. The Fort Wayne law school must now get final approval from the Section’s Council.
Indiana Tech Law School will make its presentation during the council’s scheduled meeting March 11 and 12 in Phoenix, Arizona.
“While I am grateful for the committee’s work and their recommendation, I recognize and respect the Council’s role in this process and look forward to appearing before the Council in March,” Indiana Tech Law School Dean Charles Cercone said in a statement.
In 2015, the ABA denied Indiana Tech’s application. According to Cercone, the bar association was concerned that the law school had not fully developed its curriculum.” [Emphasis mine]
For $ome rea$on, the ABA swine like to hold their idiotic meetings in warm weather locales – especially when cold temperatures persist in much of the country. Evidently, this helps stimulate “productivity.”
Other Coverage: On January 26, 2016, the Fort Wayne News-Sentinel featured a story from Kevin Leininger, with the headline “Indiana Tech’s law school recommended for accreditation.” Look at the concluding paragraph:
“Law schools cannot seek accreditation until their second year of operation, and failure to receive accreditation in the first attempt is not considered uncommon. Accreditation is important, because some states, including Indiana, do not allow students from non-accredited schools to take the bar examination necessary to practice law.” [Emphasis mine]
Even cub reporters can see through the ABA’s tactics. Deny in year one, approve next time.
Only 15 Students Accepted Free Tuition Offer: Back on September 1, 2015, “Old Guy” posted an OTLSS entry that was labeled “Indiana Tech can’t be given away.” Check out the following portion from that article:
“Desperate times call for desperate measures. And the raffling off of a "scholarship" to someone who had not even applied was not nearly desperate enough. With a new scam-dean to open year 3, Indiana Tech proved its vaunted innovative spirit by eliminating tuition. Yes, this year anyone enterprising enough to attend Indiana Tech won't spend a sou for the intellectual fellowship of such godlike figures as Dougie Fresh and Lamparello!
Indiana Tech was hoping to draw in twenty first-year students this year. How many people actually enrolled?
Fifteen.” [Emphasis mine]
Yes, that is the definition of “success,” right?!?! Hell, that is the equivalent of a woman telling you that she will sleep with you for free – and you still turn her down flat. Then again, Indiana TTTTTech Law Sewer is one unattractive pig.
Spot On Analysis: The Law School Truth Center featured an epic entry, “ABA Answers Long-Debated Question, Would Accredit a Turkey Sandwich,” on February 4, 2016. Do not drink or eat anything while reading this description:
“For any accreditation body that had a modicum of standards, accrediting this dead turkey would seem like a long-shot. Thankfully, the ABA understands the need to be inclusive in a field rife with elitism, such as the idea that a law school should be functional and seriously benefit students.
To use a metaphor, the confident young woman of pious virtue would simply scoff at the greasy drunken slob at the end of the bar who just suggested spontaneous bathroom coitus. There's a minimum bar to even having the negotiation, and that disgusting and hairy dude's not even close.
But the ABA is not a confident young woman of stuck-up pious virtue who sets arbitrary bars of availability based on traditional heuristics like attractiveness or health. No - the ABA is the kind-hearted, yet tough as nails, sex-addicted slut, who sees disgusting Indiana Tech feebly sitting in that port-side attraction, lonely day after lonely day, showering himself only with slurred philosophy and brushing his teeth only with suds. The ABA's one of the sporty gals who welcomes every able-bodied seaman into Manilla or Havana. With a wink and some routine procedure, she inducts them into that fraternity of one-time sailors who've spent a shore leave in that comforting port-of-call. To that honeyed whore, the ABA, the thought of revolting Indiana Tech isn't so much a turn-off as it is an opportunity. Indeed, this young sailor is special; he might grow into a strong and vibrant man of the community, enrolling hundreds of students and being a beacon of light to all who could see. Indeed, it would be undue discrimination for her, the ABA, to deny the application. But more importantly, it's just what the ABA does. Some women make careers; some women make house; the ABA is the seasoned whore who sees nobility and prestige in fornicating with a cross around her neck.” [Emphasis mine]
This describes the ABA’s role perfectly! Frankly, meth whores who walk by with twitching limbs have higher standards than these rodents.
Conclusion: This is a pattern by the American Bar Association criminals. They are known to deny accreditation to true cesspits on the first application, only to rubber stamp it the second time. These people are about as predictable as a prostitute presented with a few hundred dollars in cash. In the end, they will cave in and fall to their knees. It’s what the bitches and hags at the ABA do best.
Posted by Nando at 2:51 AM
Monday, February 1, 2016
Moody’s Downgrades California Western School of Law Bond Rating and Withdraws Vermont Law School’s Ba1 Rating For Business Reasons
Cal We$TTTTern Flushed!: On January 25, 2016, Moody’s published an item labeled “Rating Action: Moody’s downgrades California Western’s bonds to Baa3; outlook negative.” Enjoy the following portion:
“Moody's Investors Service has downgraded the rating on California Western School of Law to Baa3 from Baa1 reflecting materially worse than previously projected operating deficits. Operating pressure is likely to continue for a period longer than expected, leading to deterioration of spendable cash and investments.
The investment grade Baa3 rating is supported by the school's ample financial resource cushion to low amount of debt, conservative debt structure with good headroom on covenants, very healthy liquid reserves relative to similar rated peers, and stabilization of enrollments for this tuition dependent school.
The outlook remains negative based on weak prospects for net tuition revenue growth, our expectations that the school will continue to draw down on its reserves to support its rightsizing efforts and that operating performance will remain pressured in the near term.
Factors that Could Lead to an Upgrade
Sustained improvement to student demand including growth in net tuition revenue
Multi-year trend of improvement in operating performance
Factors that Could Lead to a Downgrade
Failure to meet projections for FY 2016 or failure to reduce deficits starting FY 2017
Greater than expected decline in liquidity
Declining enrollment” [Emphasis mine]
Don’t worry too much. The pigs will make sure to keep enrolling waterheads and those with borderline functioning IQ. Perhaps they will start recruiting from California halfway houses, mental institutions, and homeless shelters.
VermonTTT Law School Gets Power Flushed: On January 28, 2016, Moody’s posted a gem that was entitled “Rating Action: Moody’s Withdraws Vermont Law School’s Ba1 rating for business reasons.” Here is the substantive segment:
“Moody's Investors Service has withdrawn Vermont Law School's Ba1 rating on its Series 2011A bonds.
SUMMARY RATING RATIONALE
Moody's has withdrawn the rating for its own business reasons. Please refer to the Moody's Investors Service's Policy for Withdrawal of Credit Ratings, available on its website, www.moodys.com.” [Emphasis mine]
That can’t be good news for a free-standing law school. Keep in mind that this trash pit has already experienced cutbacks to staff, as well as handing out faculty buyouts.
Other Coverage: The Washington Post featured a Jeffrey J. Selingo article, headlined “Three predictions about the future of legal education” – on January 27, 2016. Focus on the information below:
“Law schools are in deep trouble. Moody’s downgraded the California Western School of Law and gave the free-standing private law school in San Diego a “negative outlook,” adding that its financial pressures are “likely to continue for a period longer than expected.”
California Western is not alone in its struggles. Fewer students are going to law school and fewer graduates are obtaining the jobs that they went to law school to get.
During the past decade, the number of law schools increased by 9 percent, to 204, according to Moody’s, while the number of new students hit its lowest number since 1973, when there were just 151 law schools.
What’s more, the American Bar Association, which collects data on job placement, found that for the Class of 2014, just 60 percent were employed in long-term, full-time positions that require them to pass the bar nine months after graduation.
“The legal industry is experiencing a fundamental shift rather than a cyclical trend,” Moody’s said in a recent report about law schools.
But it seems everyone is aware of the changing (and depressed) job market for lawyers except for the people running law schools.” [Emphasis mine]
Apparently, the thieving “educators” are the last to know about the GLUTTED lawyer job market in the U.S. Then again, this is due to willful ignorance.
Conclusion: Both of these schools are steaming piles of rancid excrement. As you can see, US “News” & World Report ranks California We$TTTTern Sewer of Law as a FOURTH TIER TRASH CAN. However, USN&WR rates VermonTTT Law $chool as the co-122nd greatest, most amazing and wonderful law school in the entire country. Have fun trying to improve your bond ratings, bitches! Sadly, mental midgets will keep applying to, and enrolling in, these filthy, decrepit commodes.
Posted by Nando at 5:14 AM