Remember, this is just the opinion from two students and their respective schools. But I think there are a lot of ‘Wallersteins’ out there. And I am so excited for the initiative you’ve shown and your generosity with your information. It will be very interesting to see how you all do upon passing the bar!!

Now, to be sure, there should be a more accountability when it comes to reporting but that is in no way the cause of the problems that now exist with this so called “lost generation”.

What these disgruntled JD’s need to realize is that life owes them nothing. They are not entitled to anything and if going to law school ended up being a bad choice then the only person that any of these disgruntled students have to blame is themselves.

On another forum, someone suggested that law students and other graduate students taking out huge amounts of debt be required to go through a similar vetting process as someone applying for a small business loan. The idea, I suppose, is getting the person to think hard about the ROI and whether it’s the best investment. The problem is, most 22-year-olds–especially the self-selecting, gifted set of students who choose law school–believe they can beat the employment odds. I suppose that’s no different than an eager new restaurant owner thinking they’ll beat those odds.

Anyway, I’m 33 and am thinking about law school, and am weighing the risks and benefits carefully. At this age, I have a lot more at stake. Luckily, life intervened and I didn’t pursue the Ph.D. in English that I was considering at age 22. Now THAT is a bad investment.

I have no doubt Rachel and Jack will be successful. I think they already are :-). While personal responsibility is an absolute, sometimes it’s hard when the deck is stacked against you in ways that are only just starting to come to light. I am appalled at how financial aid is just handed out like candy at Halloween while the lenders and law schools are laughing all the way to bank because their money is protected forever. The more money they hand out the richer they become. It’s the best investment out there when you look at return on investment!! If the law schools had to share in the risk on the loans, maybe they would be more careful who they admitted and educated the student on their financial obligations because repayment turned on being more selective.

If the law school is misrepresenting data to their perspective students – yeah, it’s sleazy.But NO ONE can promise you a happy ending. NO ONE. Whether motives are sleazy or motives are pure – each one of us has to weigh all of the variables, throw in the fact that horrific change can happen (9/11, 2008 economic meltdown, tsunamis, droughts, wars) and go out and live life.

Yes, sometimes it’s not easy. Sometimes it’s hard to find a job – but my God these kids have a JD – they’re not high school grads that have been working on the docks for 15 years and now are unqualified for the few number of jobs available.

I can’t really be upset about their “plight.”

(Really enjoy the blog, btw).

While people should still ethically and morally do the right thing by their loans, I think the time will come in the not too distant future where we will see change and relief from some of these draconian laws and decisions.