According to The Law School Tuition Bubble, in 2011, the United States
produced 44,495 law school graduates. The nation has, on average, only 21,300 job openings that require a law
degree. This means that there are more
than two graduates per each job opening.
New York Law School, ranked in the
bottom third of all law schools in the nation, charges their students almost
$50,000 a year, which is more than Harvard charges. According to an article from the New York Times, even after hiring
in the law profession had just “imploded”, N.Y.L.S. still increased their class
size in 2009 by 30 percent from the previous year. It is not just N.Y.L.S.
either; according to the same article, in 2010, law schools all around the
nation enrolled 49,700 students, the largest number in history.
After reading this, I wondered “how
can students be so dumb as to spend so much money on an education that they
might not even get to use?” The answer: law
schools trick their students. For example, N.Y.L.S. claimed, in a U.S. news
survey, that the average salary among alums that graduated in 2009 was
$160,000. This statistic is true… but only for 26 percent of the 2009 class.
The other 74 percent is mysteriously not accounted for. The actual average is
believed to be much lower.
To me, law schools appear to be far
more concerned with their own well-being than that of their students. It seems deceptive
and cruel to have students pay $150,000 for an education that may be of little
value to them. Using a false promise of a lucrative career to entice applicants
into spending three years and money most of them will need to borrow, seems
highly unethical. Law school
administrators must know that less than half of their graduates will find the
job they have been prepared for and anticipated.
Though some may say that the purpose
of education is to learn and not to just for the purpose of ensuring yourself a
job, not everyone has the luxury of spending $150,000 without a reasonable
income after graduation. Many of these young, talented law school graduates
will unfortunately not be able to use their talents in law. This delays the
start of their career, and wastes precious education money. Law schools are
just cranking out graduates, without concern about what will become of the
oversupply of these graduates. The
schools have lost sight of the responsibility they have to their students,
making education just another big business.
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