Student Debts
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Barack Obama, Education / Schools, Money, Politics, Student Loans
Debt Ceiling Deal Includes Last-Second Screwing Of Graduate Students
There was one cut in the debt ceiling deal that really illustrates how little the president cares for his young, college-educated constituents. To save about $26.3 billion dollars, the debt ceiling deal eliminates the graduate student loan subsidy. Education certainly seems like a surefire way to kill one's economic future.... -
American Bar Association / ABA, Job Searches, Law Professors, Law School Deans, Law Schools, Media and Journalism, New York Times, Student Loans
The Broken Law School Model: What Is To Be Done?
Does legal education need to be reformed? If so, how? The New York Times solicited views from a panel of experts (including Above the Law's own David Lat). - Sponsored
How Generative AI Will Improve Legal Service Delivery
Learn how emerging tools will likely change and enhance the work of lawyers for years to come in this new report. -
California, Job Searches, Law Schools, Student Loans
Thomas Jefferson Law: Is The Answer Worse Than The Allegations?
In defending itself against a lawsuit brought by a disgruntled graduate, Thomas Jefferson School of Law makes some arguably embarrassing admissions -- and reveals information that perhaps prospective TJSL students might want to know.
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Job Searches, Law Schools, Student Loans
UCLA Law's Job Placement Numbers Strain Credulity, But Did You Read The Fine Print?
We've busted UCLA Law in the past for blatantly trying to inflate its employment statistics. But the stats the school is publishing for the class of 2010 are frankly unbelievable. Want to see how insane they really are? -
Education / Schools, Glenn Reynolds, Job Searches, Law Schools, Student Loans
A Visual Representation of the Law School Bubble
Here at Above the Law, editor Elie Mystal likes to tell readers why they shouldn't go to law school. But why tell them, when we can just show them.... -
California, Job Searches, Law Schools, Litigators, Student Loans
Could Thomas Jefferson School Of Law Actually Lose?
For the most part, I’ve just been happy that the lawsuit against Thomas Jefferson School of Law, over the school’s allegedly misleading employment statistics, exists. It’s not about winning or losing; it’s about raising awareness of the disingenuous way law schools go about filling up their classes. Of course, anytime somebody says “it’s not about […] -
Blog Wars, Drugs, Elizabeth Wurtzel, Money, Screw-Ups, Student Loans
Kids, Get High Off Drugs, Not Debt. It's More Fun And People Are Nicer To You When It's Time To Recover.
Let’s say that instead of taking on huge debts while I was in law school, I had taken up a wicked cocaine habit. Let’s say I had done loads and loads of blow from 2000 to 2007 and then went into a 12-step program. If I had been lucky enough to avoid an overdose or […] -
Law Schools, Money, Student Loans
Student Debt: The Bad Thing I Forgot To Mention
On Thursday night, I tried to explain the ups and downs of living your life under constant threat from debt collectors. Based on the reaction to the post, I have to say that the reading comprehension of my post was poor, even by “internet commenter” standards. Even Megan McArdle in The Atlantic missed some of […] - Sponsored
Profit Powerhouse: Elevating Law Firm Financial Performance
In this CLE-eligible webinar on April 10th, we’ll explore the most common accounting pitfalls and how to avoid them for your firm. -
Education / Schools, Student Loans
Department of Education Hopes Police State Can Prevent Student Loan Bubble From Bursting
Resorting to violence is part of human nature. We see it all the time, especially in children. When arguments fail, when hope wanes, the fists come out. Most people are willing to fight long before they are willing to admit that their entire worldview is wrong. Institutions are no different; they will fight to preserve […] -
Job Searches, Law Schools, Outsourcing, Student Loans
Outsourcing: The Rising Tide That Lifts All Boats?
Okay, I’m using the term “lifts” very loosely. We all know that outsourcing is taking work that used to be done by very expensive associates based in America and giving to inexpensive workers based in India. The law firm saves money, the client saves money, and the only people who are harmed are recent graduates […] -
California, Job Searches, Law Schools, Lawsuit of the Day, Student Loans
Class Action Filed Against Thomas Jefferson School of Law
We mentioned this news last week, but judging from the slew of emails we’ve received about it, many of you want to discuss it at greater length. So let’s talk about it: the class action lawsuit recently filed against Thomas Jefferson School of Law by a 2008 honors graduate of TJSL, Anna Alaburda, alleging that […] -
Education / Schools, Job Searches, Law Schools, Student Loans
So This Is Why People Keep Applying To Law School
Try telling a recent college grad to think critically before applying to law school. Just try to do it. It won’t be long before the young person you are trying to help gets inappropriately angry and shouts, “Well what AM I supposed to do, you fat f**k? Seriously oh wise internet blogger, what the hell […] -
Law Professors, Law School Deans, Law Schools, Money, Student Loans, Texas
Your Tuition Dollars Hard At Work
We know that tuition keeps going up at American law schools. And, for the most part, we know where the money goes. Law schools use tuition money and alumni donations to fund capital projects and law professor salaries. And, at some schools, the law school kicks back some money to the larger university. Law schools […]
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How Generative AI Will Improve Legal Service Delivery
Learn how emerging tools will likely change and enhance the work of lawyers for years to come in this new report.
Sponsored
Profit Powerhouse: Elevating Law Firm Financial Performance
In this CLE-eligible webinar on April 10th, we’ll explore the most common accounting pitfalls and how to avoid them for your firm.
Sponsored
This AI-Powered Document Tool Will Meet You Where You Are
Lexis Create provides simple access to internal and external knowledge — directly within Microsoft Word.
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Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use.
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Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so…
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Education / Schools, Job Searches, Law Schools, Student Loans
Enough With The ABA; Law Students Appeal to the DOE To Force Law School Transparency
Fed up with the slow movement towards law school transparency, several law school student body presidents are appealing to a higher power. They’ve proposed legislation that would require law schools to engage in some honest reporting practices, under the oversight of the Department of Education. If the American Bar Association is too weak or too […] -
Law Schools, Money, Student Loans
Unbelievable Amount of Debt for Law Graduates
Breaking news: law school is expensive. Really, really expensive. Much more expensive than it used to be. Are there still people out there who don’t know that? I mean, we’re certainly at the point where you don’t deserve sympathy if you go to law school without understanding the financial ramifications of your decision. The truth […] -
Law Schools, Money, New York Times, Student Loans, Stupid Lawyer Tricks
Are Law School 'Merit Scholarships' A Big Racket?
That’s the question essentially posed in a long and interesting New York Times article, Law Students Lose the Grant Game as Schools Win (which we previously mentioned on Saturday; yes, we do post on weekends). The piece is by David Segal, who also wrote a big and buzzy piece back in January, Is Law School […] -
Law Schools, Money, New York Times, Student Loans, Stupid Lawyer Tricks
Quote of the Day: Law School Scholarship Funny Money?
By the middle of second semester of that first year, everyone saw the system for what it was. We were furious. We realized that statistically, because of the curve, there was no way for many of us to keep our scholarships. But at that point, you’re a year in. They’ve got you. You feel stuck. […] -
Job Searches, Law Schools, Money, Student Loans, U.S. News
Law Schools Lie Like A Dog... Or A Rug. A Dog On A Rug.
I graduated from Northwestern Law in 2009. It is now 2011, my loans are coming due (real due — not the fake, put ‘em in forebearance, due of yesteryear), and I am currently “employed” doing two things: reviewing documents at an embarrassing hourly wage on projects that start and stop without any sort of consistency, […] -
Education / Schools, Job Searches, Law Schools, Money, Student Loans
A 1L Who Should Stay In Law School
People think that I believe that nobody should go to law school ever, and that anybody who is currently in law school should drop out immediately. And, to be fair, I do think that many people in law school today have made terrible personal and financial decisions and have entered a world of pain that […] -
Education / Schools, Money, Quote of the Day, Student Loans
Quote of the Day: Winning the Future, One Dropout at a Time
It’s actually worse than a bad mortgage…. You have to get rid of the future you wanted to pay off all the debt from the fancy school that was supposed to give you that future. — Peter Thiel, the billionaire entrepreneur, encouraging kids to drop out of school rather than go deeper into debt for […]