Note: The following text is extracted from the above infographic using a computer program so it may not be readable by humans, but it is helpful for search engines.
772 law school bubble right now law schools graduate far more students than there are jobs and while average salaries and available jobs for lawyers continue to go down many law schools continue to report record numbers of applications and student debt is at an all time high.
Me job market roughly half of graduating law students will end up with enormous debt and no job in the legal geld.
Sire 2008 mm 15 000 law jobs have been lost at the big arms yet application tn law selenium are at em all time high.
Scholarships on ll curve many students don’t even realize what a poor financial decision they are making because they are told they will be receiving financial aid when in fact the probabilistic deck is stacked.
Against them just like at the casinos the truth comes out when you look at the one print financial aid is almost always attached to unrealistic gaps that less than one third of students are eligible for because of grade curving in other words scholarships are offered to entice students but the schools know full well that most students wont make the cut because its literally impossible for all students to be in the top third of the class.
Wile merit scholarships are on the rise to help bolster school rankings in the us news list need based scholarships have shrunk from 20 000 eve years ago to 18 000 today.
20 2011 77 fourth tier the bottom of the barrel law schools are particularly dangerous as they charge full price for a degree that should be on clearance for all the good it will do graduates one fourth tier law school Cooley law knowing foist poor reputation has battled against the popular us news law rankings by creating their own rankings where of course they rank ahead of prestigious schools like Yale Columbia and Georgetown how do Thoth do this creative measurements such as size of law library naturally as Cooley has the largest in the country.
JD minority enrollment lo full time students mun brr of states in which graduates are employed total first year enrollment matriculates.
Em reemployment irzrlxmle those working minimum wage and temporary job me waste a 55 9 to eave 1314 the horrific return on investment from a law degree has gotten so poor it led one Boston college law school student to ask for his money back speaking on the subject of his fellow students he states we are discouraged scared and in many cases feeling rather hopeless about our chances of ever getting to practice law.
33ud3ci at 30 l503 fourth her school average law school top tiler law school 86 220 1 00 000 1 50 000.
In sourcing even when graduates are lucky enough to land a job they often earn put on partner track for the big bucks anymore as big law arms are now in sourcing grunt work to cheaper cities like.
Dayton Ohio and Wheeling west Virginia where associates junior associate AK 1 Sudoku per year bonus mi 5 grues wt it era no acne a van cement stripping both pay and prestige from the career.
Career associate 550 60s per year the kicker despite all this law school applications were at a record high in 2010.
Washing ion university university or San Francisco school or law university or Iowa college or law Indiana university maturer school or law Cornell university law school.
0 10 20 30 was 50 50 2010 increases in student applications over Azov sources presented by the best colleges.