Student Loans

Apparently, Chuck Klosterman believes law deans without checking to see what they’re hiding.

Man, the New York Times is just full of people defending law schools these days. First we had Lawrence Mitchell, Dean of Case Western Law School, write an op-ed about why he is “proud” to be a law dean. I’m not sure if he’s proud to have written an op-ed that has been savaged by everybody, but there you go.

This weekend, the Times ran an Ethicist column by noted pop culturalist Chuck Klosterman about the “morality” of law schools enrolling students at hefty tuition prices when they know the job market is very challenging.

Klosterman defended law schools, though it’s not clear that he intended to. In fact, it’s not clear that Klosterman knows just how “unethical” law schools have become.

But hey, you don’t actually have to understand the challenges of legal employment to defend law school in the New York Times these days….

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I reported back in October that the New York Times had asked me to write an op-ed piece about the future of big law firms, but a Dealbook special unceremoniously preempted my piece.

I figured the editor at the NYT might think she owed me one, so I cranked out a replacement piece proposing to reform legal education. I’m pleased to report that this op-ed piece was not preempted! No, no, no: It was rejected on the merits. The editor said that my article made too many points and felt like a “report, rather than an opinion piece.”

But she was wrong. And, in any event, you should judge for yourself.

So here’s my recently rejected op-ed piece proposing how we should reform legal education. (I do believe this is the last in my short-lived series of “crap I wrote for the Times that the Times didn’t publish.” It’s an awful lot of work to produce 1,200-word pieces that become mere fodder for another column here at Inside Straight.) . . .

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Law students react to op-ed in the New York Times.

Yesterday, we discussed a New York Times op-ed, “Law School Is Worth the Money,” by Dean Lawrence E. Mitchell of Case Western Reserve University School of Law.

Mitchell has been slammed — by me, by Professor Paul Campos, by Alison Monahan, and by many others. If you’ve been looking seriously at the state of legal education, it wasn’t hard to eviscerate Mitchell’s arguments.

But Mitchell seems to believe that looking critically at the value proposition of legal education is a media-driven phenomenon. As he wrote in his op-ed, “For at least two years, the popular press, bloggers and a few sensationalist law professors have turned American law schools into the new investment banks.”

It seems that Mitchell has forgotten about the students. Bloggers and law professors don’t really have any skin in this game. But actual students feel like law school deans have taken advantage of them, and telling them “everything is okay here” isn’t a winning argument.

These kids are tired of law deans, like Mitchell, who continue to act like law schools can keep doing what they’re doing while recent graduates don’t have jobs and are crushed under a mountain of debt. They’re really sick of the subtle implication that they only reason the “great deal” of law school didn’t work out for them was that they were “lazy” or somehow undeserving.

In short, they are sick and tired of the very kind of arguments Mitchell made in the New York Times — and yesterday they spoke out about it, loudly….

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This law dean is hoping you’re wearing Bad Idea Jeans when you read his NYT op-ed.

You know that you are selling a substandard product when you start trying to blame “bloggers” as the reason people are refusing purchase your bill of goods.

Lawrence E. Mitchell, the dean of Case Western Reserve University School of Law, took to the Op-Ed page of the New York Times to defend the value proposition of going to law school. Mitchell would have you believe that the media — which only recently started asking law schools to provide evidence that legal education was worth the exorbitant prices schools charge for it — has unfairly and “irrationally” dissuaded the brightest students from attending law school. He writes: “The hysteria has masked some important realities and created an environment in which some of the brightest potential lawyers are, largely irrationally, forgoing the possibility of a rich, rewarding and, yes, profitable, career.”

To be clear, the argument here is that some of the BRIGHTEST potential lawyers are acting “irrationally” by not going to law school, which I suppose leaves only some of the not-brightest potential lawyers as the ones who still believe op-eds from law school deans touting the value of law school.

Mitchell’s problem is actually quite common among law school deans. In fact, Mitchell unintentionally captures the basic disconnect between law students and the deans that take their money: the facts Mitchell wants people to focus on when they are considering going to law school are not the facts that matter to people when they graduate from law school.

And the reason law school applications are on the way down is that the brightest potential lawyers are starting to understand the difference….

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Morning Docket: 11.29.12

* Enjoy your Biglaw bonuses now, because according to managing partners, layoffs and de-equitizations may soon be making their return. Oh, only in Pennsylvania? Woohoo, break out the bubbly! Just kidding, that really sucks if it’s true. [Legal Intelligencer]

* The Environmental Protection Agency has temporarily banned BP from entering into future U.S. government contracts because of the company’s “lack of business integrity,” aka the Deepwater Horizon explosion. Ouch, super sick burn, EPA! [National Law Journal]

* Considering going to law school? Then you should also take into consideration the fact that you’ll have to become a lawyer if you want to stand a remote chance of ever being able to pay off your loans. [Fox Business]

* Paul Ceglia pleaded not guilty to fraud charges yesterday in federal court. If only he actually owned half of Facebook as he claims, he probably wouldn’t have a court-appointed attorney representing him. [Bloomberg]

* “No matter how many high-priced lawyers and publicists she employs, she has been exposed for what she is.” Jill Kelley’s lawyer is on the offensive, and his targets are none too pleased about it. [Associated Press]

* Avvo has decided to sell its health business to focus entirely on providing services to lawyers and legal customers. Now the company will be able to do the law justice. (SWIDT?) [Puget Sound Business Journal]

Non-Sequiturs: 11.28.12

* Allowing abortions only in cases where the life of the mother is at stake doesn’t actually protect the life of the mother. [Slate]

* Chief Justice Roberts decided that living in a glass house shouldn’t prevent him from throwing a few stones. [Atlantic]

* It’s that time of year when we start seeing lists of things to buy for the lawyers in your life. [Constitutional Daily]

* You realize that people aren’t actually going to pay these loans back, you know. [Economix / New York Times]

* Wow, there was a whole day in New York City where nobody got shot, stabbed, or raped. [Reuters]

* While you contemplate living in a dangerous city, check out this list of most dangerous campuses. [Business Insider]

* Hopefully you guys have noticed Above the Law in the News category on the ABA Blawg 100, but don’t forget to look at all the different sections and vote for your favorite sites. [ABA Journal]

Ed. note: Gradenfreude is a new series chronicling a recent law school graduate’s life after attending an unranked school. Feel free to email the author at TristanTaylorThomas@gmail.com, and he’ll respond ASAP. After all, it’s not like he has anything better to do.

When President Obama was debating Mitt Romney, he patted himself on the back because of the strides he took to give young people the chance to get an education by making student loans available.  I guess making loans available is all that really matters, because after all, who cares about having the loans paid off? That’s the one thing that he didn’t mention: once you accept the loans, you’ll be bent over a barrel for the rest of your life — unless, of course, you’re able to become a Senator and then write a couple of best-selling books.

I think that most students realize they’ll spend the vast majority of their lives paying off the loans they took out to further their educational pursuits.  What many may not realize is just how ridiculous the government is when it comes to getting their money back.  Their tactics and terms fall just short of being classified as Mafia-like. On the bright side, if there is one, at least no one’s broken my legs yet.

Although the government may allow for a deferment for economic hardship, if you have a full time job, it’s likely that you won’t meet the strict requirements to attain that deferment.  Because even when you work a job that only allows you to live in your parents’ basement, essentially as dependent upon them as you were in high school, the fine United States government still expects timely repayment.

That’s right: I currently make too much money to qualify for an economic hardship deferment, and I work for just over minimum wage.  Earning the least amount of money per hour that I ever have in my life, I am making too much money to earn the government’s pity….

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Ed. note: Gradenfreude is a new series chronicling a recent law school graduate’s life after attending an unranked school. Feel free to email the author at TristanTaylorThomas@gmail.com, and he’ll respond ASAP. After all, it’s not like he has anything better to do.

I know that I complain about my job a lot, but when you have the experiences that I’ve got under my belt since graduating from law school, I think I have the right to complain. Personally, when I’m at work and thinking about how much I hate the job, I’ll sometimes wonder, “What could possibly make this worse?”

Last week, I found out.

I walked up to my boss as he was speaking to a coworker about the lack of intelligence required to do our job, and he said, “It’s not like we have a bunch of lawyers walking around here.” And my coworker responded, “Actually, now we do have one.” It was then that my boss grabbed a mop and said, “Tristan, just because you passed the bar exam doesn’t mean that you can’t clean the floor.”

Wow. I didn’t realize that it was possible, but my boss actually made me hate my job even more….

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I write about law school debt, often and passionately, because at the end of the day there are real productive people who are getting ruined by taking out more money than they can reasonably pay back. Not all of these people are “deadbeats,” and not all of these people are too stupid to understand a loan agreement. Many of them are people who simply thought that in America education was the path to upward mobility.

But unfortunately, in America today, education is also the path towards financial instability, or even disaster. People who take the shot at bettering themselves through education can easily find themselves with bad jobs and a mountain of debt that will take decades to pay off.

It’s not just happening to kids. The New York Times had a big article yesterday that highlighted all of the parents who have taken loans out for their children’s education and now can’t pay off the loans. And since we’re talking about parents, we’re dealing with people who maybe don’t have decades to get their financial houses back in order.

In one shocking case, a man took his own life; in the suicide note, he said: “I can’t even answer the phone in my own home no more. I can’t live like this no more.”…

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Back in April, we brought you a story about a family who had written to Dear Abby, an advice columnist, about their child’s law school loan debt. Apparently the mere thought of assisting their darling daughter with the repayment of her $100,000+ debt load was just too much to bear. The daughter had already ruined her own life, so why should they ruin theirs too? And yet, tens of thousands of students are still willing to look this student loan debt problem in the face and laugh.

Yes, in a time where the Executive Director of the National Association for Law Placement is forced to write entire columns about the fact that there is no conceivable way he could describe the current entry-level job market as “good,” others are still considering applying to law school.

For example, today we found out that the matriarch of another family sought wisdom from an advice columnist as to whether her husband should go to law school. How did she respond? Let’s just say Dear Prudence is a little more in tune with the realities of today’s legal job market than Dear Abby will ever be….

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