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> The reason you don't push students into being lawyers is because there are more law students graduating than there are open jobs for them. It's pretty funny
by pjscott 13y ago
> The reason you don't push students into being lawyers is because there are more law students graduating than there are open jobs for them.
It's pretty funny that the article mentioned this as evidence that students respond accurately to supply and demand when deciding what to major in. Law is seen as a lucrative, high-demand field because it was -- decades ago. The reality has changed dramatically since then, but public perception has not. And that's why we continue to have more law students graduating than there are jobs for them, despite the blatant irrationality of this.
- makomk 13y agoActually, the article assumes that students don't always accurately respond to supply and demand. More specifically, it assumes that by marketing a degree effectively you can cause too many students to apply, causing an excessive supply of graduates and pushing down prices. This is exactly what happened with law; law schools markets themselves agressively based on the supposed earnings lawyers can achieve.