#worthless jd

[lawlemmings]

Law school is a gamble that "ruins your life if you lose"

@crabioscar @LawyersWeekly With the debt you have to take on to get thorough law school, it's a gamble that ruins your life if you lose.

— Brock M Cusick, Esq. (@bmcusick) January 9, 2015

[lawlemmings]

Lawyers only make "so much" too, champ

I'll probably pay for all my debt for school and law school by being a stripper..bartenders only make so much💃

— Hopey (@HopeNichole_) January 13, 2015

[lawlemmings]

Just another sucker lemming who thinks he'll pay off his huge law school debt quickly

So if I go to law school at Toledo I would be in debt with $70,000…. wow… but that should be payed off quickly if I became an attorney

— Holden Daly (@SheriffDaly6) January 17, 2015

[lawlemmings]

Turns out a lump of coal isn't the worst thing Santa can give you

Best ever Christmas gift, having your dream come true! Might just have to frame my acceptance letter to law school.

— Angelina Oliver (@aasturi) December 21, 2014

[lawlemmings]

Exhibit A: why boomers are so out of touch. Law school is a terrible investment.

@JudgeDillard @ItsJustJill law school is too expensive. People can't find jobs that will allow them to pay off their loans; not enough work.

— Alex (@purepoliticking) November 26, 2014

[lawlemmings]

Law school grad with $206k debt lays down some real talk

Law school left Natalie Bacon with $206,000 in debt. Her recent article in the Huffington Post details how her non-dischargeable toxic law school debt has altered her life. Lemmings, if you're thinking about going to law school, Bacon is the best case scenario because she is one of the select few who managed to land a BigLaw job (turnover at these jobs, which are usually miserable, is something on the order of ~80% after 3-4 years, by the way). If you are among the overwhelming majority of law grads who don't get a BigLaw job, you can add PLENTY of items to this list (including living with your parents and avoiding contact with friends). In any case, here's an abbreviated version of her list:

You have to rent a crap apartment because so much of your pay check goes toward your loans

You still have to drive the car you got in college

You cannot afford to take vacations because of your debt

You probably will never be able to afford a house at this point (and if you don't have a BigLaw job like Ms. Bacon, this is definitely true!)

Your rich friends do not understand (they will think you're a loser because the popular myth of the "rich" attorney persists)

Everyone expects you to be well off because of your law degree (HA!)

Student loans affect your dating life (you are less of a catch because of your loans) (VERY TRUE. If you're a man with six figures in law school debt, good luck!)

Your net worth is negative

The interest on your loans accumulates so fast that it feels like you aren't making any progress

Your student loans will be around for forever

You have to take a second job to afford your life. And of course, all your free time is gone.

If you want a new car, a house, or to take a vacation, you have to make financially unwise decisions

So get those law school apps in! Ms. Bacon is literally the best case scenario you could dream of coming out of law school. Do you want her life? Why can't you get it into your dense skull that law school deans, profs, and admin staff are selling you a false bill of goods? It's a rip-off!

Check out this comment on the HuffPo story, which, unlike Ms. Bacon, is the more likely outcome for the overwhelming majority of law school student loan conduits:

Brandi Bennett: Fellow law grad here with a comparable mountain of debt. I've lived in apartments where my roommates were insects, my neighbors should have been my clients, and had a massive panic attack when my high school vehicle gave up the ghost after 15 years. My cat has been to the doctor more than I have over the last several years. I don't date, go on vacations or visit my family (who live in another state), or generally spend money on anything except when I have a breakdown immediately followed by doubt and buyer's remorse. My minimum wage siblings and poverty level income relatives have a better net worth than I do. I've barely managed to save six months living expenses in a savings account for the inevitable layoff. To top it off, I owe more now than when I graduated because that interest rate is usurious. Law school was a disaster for me and I went to a second tier school, not some floundering institution like TJSL or Cooley.

Is Brandi "butt hurt" as one of our readers alleged of LSL? Or perhaps did she get suckered by the legal education industry's lies and now her life is destroyed? Do you think she's better off or happier since attending law school?

Here's another great comment on HuffPo adequately illustrating the trail of human wreckage left in the law school industry's wake:

Wanda L Hutchins I am a 72 year old widow retiree on SS and my son's law degree student loan debt is very large and it never seems to go down. I cosigned for most of them, so my credit is in the dumper, along with my sons. Why doesn't the gov do something to bring down this interest or is it that the gov is profiting from this interest? These people need a brake people. There seems to be no light at the end of the tunnel.

News flash: the government is not going to do anything about the student loan travesty because it's because gobs of money off all the poor suckers that continue to blindly trudge off and buy worthless degrees.

Happy Thanksgiving! If you don't have law school debt, you have a lot to give thanks for.

[lawlemmings]

Law school graduate owes "well into" 6 figures and didn't find a job until two years after graduating. Another law school success story!

@mcuban great letter Mr. Cuban. I owe well into 6 figures after I graduated law school. Took me two yrs to find a job!

— Rich (@diddyboppp) November 10, 2014

[lawlemmings]

Olivia Pope sits in a windowless smelling room, elbow to elbow with other document reviewers getting paid $21 an hour with $200,000 in debt?

I want to go to law school....why? So I can be the next Olivia Pope! #gladiatorinasuit

— Danielle Archuleta (@darchuleta19) November 7, 2014