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Quote of the Day: Robbing Peter to Pay Paul

Is being employed by your law school after graduation similar to a Ponzi scheme?

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It’s a Ponzi scheme, in almost a literal sense. You’re taking money from current students and paying it to unemployed graduates.

— Paul Campos, a law professor at the University of Colorado Law School, commenting on a scheme that many law schools use to find work for otherwise unemployed recent graduates in the hopes of boosting their employment statistics.

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