From JD underground:
WitsEnd (Feb 11 - 5:11 pm)
I have been a lurker but haven't posted until now. This is my situation of which I am deeply ashamed. It's just not supposed to be like this. I have as my moniker suggests come to my witsend of the situation I'm in.
I live in suburban NY and graduated from one of the TTT/TTTT institutions. I graduated middle of the pack (3.1 gpa) I passed the bar on the first try but have not been able to secure gainful employment. The best I could do is working retail for $8.50/hr and only part-time. I sent out hundreds of resumes and can't get a lawyer job....regardless of the pay....can't get anything decent or paying above what I'm making at my clothing store. I even got turned down from the local 7-11 night shift job.
A couple months ago I did sales work for a title insurance company but that fell through. Between gas and only getting paid on commission that deal put me in the hole even more. as a matter of fact thats when I got stopped driving without insurance because I couldn't afford it.
I an 29 have 30K in undergrad debt and 120K in law school debt and a 5K bar loan. Interest rates are variable but I am obviously in default so it doesn't matter. I clear about $180 a week. I am now getting evicted and have nowhere to go. My landlord was decent, but she could only take so much and had me evicted and the sheriff just put a 72 hour notice on my door.
My father is dead and my mother can't help me as she is only living on SSI and can't take me in because she rents an apartment with a roomate. I have no siblings or other family. I have some friends but I am ashamed to ask them to take me in as they, themselves aren't doing well either.
I am at my wits end. I really don't know what my next step will be. I have about $300 bucks to my name right now, no car, no assets other than some of my cloths, some cheap furniture, my 5 year old laptop and my late fathers class ring.
I never though this could happen to me. I never did drugs, never drank, never been arrested, I did everything I was supposed to do. I went to college, went on to law school yet I'm facing homelessness in the winter. It's just not supposed to be this way.
Yet another story of a law school scam victim. Although this particular situation is extreme, there are thousands of recent graduates who heads are barely treading water. This is a disastrous time to attend any higher education institution on student loan money especially if you do not have the resources to assist you in the event of unemployment.
In addition to the financial pain that struggling graduates suffer is the psychological beatdown of shattered expectations. As I attended law school, I can testify to the feeling of opportunity and optimism while completing my studies. People receive constant positive feedback as friends and family refer to you as "the lawyer." Although I knew that biglaw would never happen I assumed that the vast majority of my class would find decent paying jobs and somewhat fulfilling careers upon graduation. Nearly 2 years later I see many of my classmates going solo practitioner with their virtual offices. I know for a fact many of these new solos are drowning in loans and the only reason they opted to go solo is out of desperation. From hope and optimism to fear and despair. At least the high school graduate has expectations in line with his reality as he goes to work at the auto body shop. At least the cheerleader that goes to work at Home Depot is satisfied with her job as she didn't waste 7 years going to school and borrowing for tuition.
The same cannot be said for the new attorney who finds himself underemployed and/or jobless with 100k plus of student loan debt. I remember the anger I felt when I was working with my dad in the restaurant for over 20 months after graduation. Not that there is anything wrong with working in a restaurant, but there IS something wrong with it especially after 7 years of fucking school. I would think to myself "why the bar exam? Why all that money, why those apartments? Why all those books and laptops?" Luckily I found a full time job in law. I truly was one of the lucky ones. The same can't be said for thousands of other law school graduates. Just the feeling of being scammed can drive a person crazy.
The other day my friend who owns a call center told me that three law school graduates applied for sales positions that he offered. He may actually hire one of them because of all the yelling and screaming I have done against the law schools. Of course the law grad will be ecstatic to have some income upon working. But that feeling of being scammed will eat away at him, knowing that his co-workers are high school grads making the same money as him without the loans.
This is what happens when supply and demand are out of line. 45,000 grads versus 26,000 job openings. Many will be left out of the game. Graduate from a low tiered school in this environment and the odds of being left out grow exponentially. You are in my prayers WitsEnd. Good luck to you.