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  • Mr Mel

    Jake, you're dead wrong. If an HLS graduate can't get a job that pays $175, 000 a year you can get one that pays $125,000. If you can't get that job, what were you doing in Cambridge to begin with? The people at Harvard are not by nature do-gooders. If a law school graduate can't connect it's not the schools fault.

  • Mr Mel

    If you earned a Harvard Law degree, you were awarded the Keys To The Kingdom as well. However, if you then elected to teach kindergarten in Zimbabwe, you chose the wrong career path. The way it works my little overachiever, you work your little ass off at some white shoe law firm, and you pay off your debts. Then you can choose to save the world if you wish. Otherwise you're just another deadbeat.

  • Clarice City

    My husband graduated from HLS and with it, lots of debt. I know he lived on lentils and all though school, it's the tuition that's killer. He hates working at a big corporate law firm but is also firmly grounded in the reality that he can do whatever it is that his little heart desires as soon as he pays down the debt.It's a guild system and and being fresh out of law school makes you just an apprentice.

    Frankly, he is just greatful to have a job. We have close friends who don't right now. Additionally, he gets lots of experience doing pro bono work. His firm allows him to count pro bono work as billable hours. Not too bad a deal if you want to save the world while paying down debt.

  • Felix Salmon makes a good point: many of these Harvard kids actually CAN'T get jobs at the White Shoe firms— there simply aren't enough of those jobs, and not everyone can be a winner: http://blogs.reuters.com/felix-salmon/2010/01/07/the-costs-and-benefits-of-grad-school/

    I say most graduate education is a straight up ponzi scheme perpetrated by endowment-obsessed schools who damn well know there aren't enough jobs for all the lawyers and MBAs they're churning out! But that might just be my $120K in student loans talking.

  • Darrell

    Well yeah. Law degrees from expensive private institutions aren't worth the trouble most of the time, especially when you look at the employment outlook in the field. There are too many lawyers now really. Architects too, same issues, lots of big hopes and dreams, but the reality of the situation is that most architects will never be able to afford the properties they design, and the work becomes far more menial and routine than you ever thought it would be, that is unless you get lucky and become the star architect, or star lawyer or whatever.

  • Snoopy

    It's strange. I've been wearing calf warmers for the past thirty years and somehow my butt isn't as firm as the individual shown in the ad on the upper left.

    What am I doing wrong?

  • Snoopy

    With tuition costs today, are you sure your estimate cost is correct?

    Let's see 30 billion divided by $200,000 only comes to 150,000 students. Oops I'll take only $100,000 for each of my two sons if that will help out.

    Is there any idea of how many college students are out there? Not so much the state schools but the private schools where they r a p e every student for around $50,000 a year?

  • adeez

    "Harvard Law School debt: the silent killer"

    Gothamist linking to Above the Law now?



    Please, lawyers' reputations are already bad enough. Do we really need to expose laypeople to this cesspool of whiny bitches too?

  • jaycjay

    "sad, oversharing twenty-somethings."

    “At first I could not defriend him,” she said. “It seemed so high school. I mean, I’m 50 years old.”

  • NannyState

    For a mere $30 billion, a tenth of the money Obama is throwing at banking scoundrels, you could forgive student loans and unshackle a generation.

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