This is a major victory in the battle against the law schools and their fraudulent employment data. By way of example, Subprime JD has received more than 2,000 hits in the last 3 hours which is completely unprecedented in the history of this blog. I would like to thank the editor for the exposure and for having the guts to blast the law schools in the manner which he did. I'm surprised that Subprime JD got mentioned as others have been scamblogging away for much longer. This shout out is dedicated to Hardknocks over at BIDER and the rest of the team.
Regardless, the message is always more important then the messenger. For those who get the chance to read the NYT piece, make sure you visit my affiliate bloggers so you can be truly informed as to the risks of attending law school. For those who are contemplating law school attendance it is imperative that you do your own independent research. You cannot, I repeat, cannot trust the bullshit data that is supplied by the law schools. These fine blogs of ours have a plethora of empirical and anecdotal evidence in support of the assertion that law school is a fucking scam. Ask Mr. Wallerstein how he feels about the 250k in student loan debt that he owes but has no conceivable means of paying off, absent a lottery ticket. Ask the thousands of recent law grads that are drowning in debt but have dismal job prospects. Shit, go to court and see all the "coverage counsel" aka monkey appearance attorneys earning 40k a year despite the fact that they have been in the legal game for over a decade.
Law schools, especially in the lower tier, primarily exist to provide the arrogant faculty members wwith extravagant and overpaid lifestyles, first and foremost the lifestyle of the "prestigious" law professor. Read the article and weep, bitchez.
By 2012 this law school tuition bubble will burst. Done deal. As we have stated time and time again, this is not the time to attend law school, especially if you have to utilize student loans which are nondischargeable in federal bankruptcy court per US Bankruptcy Code at 11 USC 523(a)(8). Don't let the law schools ruin your life as they have ruined the lives of thousands of other young people in this country.