Wednesday, March 28, 2012
A products liability blog has a post on Warning: Your J.D. May Not Be Worth What You Paid For It:
[I]f we were to design a warning for a legal education, what would it say? One option:
WARNING: You may not be able to pay these loans back during your lifetime.
We would argue, however, that this warning might not be adequate. Instead, consider this stronger, more accurate warning:
WARNING: Go to law school, and you may wind up bankrupt and still liable for the student loan debt.
The data supports the warning, unfortunately.
Legal Blog Watch, Brainstorming Warning Labels for Purchasers of a Legal Education:
I think we need to add some non-financial warnings, too:
WARNING: Go to law school, and a disproportionate number of your friends may be lawyers.
WARNING: Go to law school, and you may someday introduce yourself at parties as a "recovering lawyer."
WARNING: Go to law school, and you may end up as a legal blogger.