Today I Learned…
There exist law school scam blogs focused on the topic of how a law degree is not worth the money. Important variables include a low percentage of graduates getting jobs in the industry, expensive tuition, and oppressive loans. A friend of ours (who was a lawyer, now in medicine) tells us that law salaries follow a bimodal distribution with peaks around $40k and $100k, the former of which commonly leaves students with a debt-to-income ratio of three.
This is especially problematic for students because bankruptcy doesn’t clear student loan debt.
(via New York Times, student loan infographic found via tmbo)
