Student Loan Bubble

American Bar Association / ABA

Two Petitions of Possible Interest

Two petitions of possible interest showed up in our inbox today: 1. In favor of student loan forgiveness: This petition, reminiscent of Elie Mystal’s call for a student loan bailout, “strongly encourage[s] Congress and the President to support H. Res. 365, introduced by Rep. Hansen Clarke (D-MI), seeking student loan forgiveness as a means of […]

American Bar Association / ABA

In This Economy, What’s the New Meaning of JD?

Gone are the days when earning a JD meant having automatic employment prospects. Gone are the days when having student loans wasn't completely debilitating. These days, the JD has taken on a new meaning. It doesn't just mean Juris Doctor anymore. These two are a little more fitting: Job Dilemma and Jumbo Dumbass. The Connecticut Law Tribune has come out with an informative piece just in time for new 1Ls to realize that they may have embarked upon a six-figure mistake....