Law School Scam Article

The New Jersey Star-Ledger has an article today about the law school scam. It focuses on Seton Hall grad Scott Bullock, who wrote one of the scam blogs.

Unless students graduate from schools like Harvard or Yale, they “might as well be busing tables,” Bullock said.“It’s really just a big Ponzi scheme,” said Bullock, 33, of Bridgewater. “They’re just cranking kids out for $45,000 a year.”

The scam artists school administrators admit they’re watching:

School administrators, who admit to keeping tabs on these so-called “scam blogs,” which now number in the dozens, bristle at the charge that they run diploma mills.

They don’t deny it, but they still won’t put this on those shiny welcome to law school brochures:

What law school officials don’t deny is that these are challenging times for new graduates. Job openings are scarce. Firms are increasingly turning to outsourcing or contract work.

Here is why I spend time writing this blog:

But the critics ask: How can prospective students make informed decisions when they aren’t given enough information in the first place?

The schools continue to lie report numbers like this:

On its website, the school currently reports an employment rate of 94 percent for the 2009 class, but does not break that down into full-time, part-time or temporary work. The school also claims a starting salary of $145,000 in private practice, though it does not specify how many grads reported salaries in this area.

It’s not just that there is no longer a return on your monetary investment, the educational value is questioned by this recent graduate of Loyola Law School in Los Angeles:

However, Rothman, who graduated last May, says he soon questioned the value of his education when classes proved so easy that he slept through them and still achieved middling grades. He began wondering whether admissions officers would have “let a dead squirrel roll in.”

If a squirrel could get loans, they will let the squirrel in, dead or alive. They will just charge the little guy extra for insurance in case he chews on a human’s nuts while in class. It will pay another over-priced and worthless professor’s salary.

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