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Law schools are the worst offenders in the education industry. Only a small percentage of law students end up at big law where the salaries can support the deb
by wtvanhest 6y ago
Law schools are the worst offenders in the education industry. Only a small percentage of law students end up at big law where the salaries can support the debt load, but almost everyone leaves law school with a mountain of debt.
- OldHand2018 6y ago> Law schools are the worst offenders in the education industry. They also are some of the best too. My wife went to a top-tier school and I remember the controversy when it was discovered that almost 50% of the tuition was actually given to the medical school. The justification was that they were a top school, they would charge what the other top schools charged, and they had a moral imperative to make the medical school as cheap as they could make it. They also guaranteed (in writing) that if any graduate had difficulty paying off student loans, the alumni network would step in and make the payments.
- wtvanhest 6y agoTop-tier law schools get the majority of big law slots and are usually a pretty good balance. Anything outside the top 8-10 law schools and the % of graduates who go on to big law is VERY, VERY, VERY small.