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Women's Work

Over Easy - "Elite education may impoverish and indebt young women and do little to get them a job, but at least it makes their eggs valuable."
Reproductive Medical Associates of New York, a fertility clinic associated with Mount Sinai Hospital, maintains separate websites for egg donors and egg buyers. The home page of the donors’ site features a large stock photograph of a young woman holding schoolbooks. Behind crossed arms the pretty brunette model is clutching what looks like but is not a copy of Lauren Berlant’s Cruel Optimism, along with a white three-ring binder. She wears a zippered velor jacket in the same shade of blue as the graphic that emerges from behind her head in an oversize font: Become an Egg Donor
[more inside]
posted by the man of twists and turns on Apr 8, 2014 - 71 comments

How Georgetown Law gets Uncle Sam to pay its students’ bills

In the realm of higher ed, law schools are at the forefront of finding creative ways to maximize revenue. Georgetown Law has pioneered an academic Ponzi scheme where they are able to essentially use the Federal loan money given to new students to pay for public interest law graduates' loans.
posted by reenum on Aug 12, 2013 - 48 comments

Caveat Emptor?

After several failed attempts against other schools, a lawsuit against Thomas Jefferson School of Law for providing misleading employment data to prospective students is moving forward.
posted by reenum on Dec 4, 2012 - 42 comments

The Corporatization Of Higher Education

In 2003, only two colleges charged more than $40,000 a year for tuition, fees, room, and board. Six years later more than two hundred colleges charged that amount. What happened between 2003 and 2009 was the start of the recession. By driving down endowments and giving tax-starved states a reason to cut back their support for higher education, the recession put new pressure on colleges and universities to raise their price. When our current period of slow economic growth will end is anybody’s guess, but even when it does end, colleges and universities will certainly not be rolling back their prices. These days, it is not just the economic climate in which our colleges and universities find themselves that determines what they charge and how they operate; it is their increasing corporatization. If corporatization meant only that colleges and universities were finding ways to be less wasteful, it would be a welcome turn of events. But an altogether different process is going on
[more inside]
posted by the man of twists and turns on Nov 14, 2012 - 69 comments

The Juris Doctor is 'Versatile' Thanks Mainly to Numerous Logical Fallacies

Many people say that a law degree enables the holder to do virtually anything. Am Law Daily explores the logical fallacies behind this statement.
posted by reenum on Aug 16, 2012 - 55 comments

The law school scam as a cognitive bias

Discover Magazine posted a couple of blog entries about the law school scam as a cognitive bias and why law school tuition isn't more dispersed.
posted by reenum on Jul 6, 2012 - 52 comments

10 Faces Behind The Incredible Law School Underemployment Crisis

10 Faces Behind The Incredible Law School Underemployment Crisis
posted by reenum on Jun 1, 2012 - 32 comments

"I had little anxiety about buying things because I simply couldn’t afford anything."

"A Harvard MBA Pays Down $101K Of Debt." Two years after he graduated from Harvard with an MBA, Joe Mihalic, now manager of strategic alliances and business development at Dell, vowed to do “everything in my power–short of lying, cheating, and stealing–to pay down" his student loan debt, (then totaling 90K,) "in the next ten months.” After applying for a weekend delivery job, he also decided to chronicle the steps he was taking on a blog: "No More Harvard Debt." First page of posts is here. Penultimate post explains his process: "Mission Accomplished." [more inside]
posted by zarq on May 16, 2012 - 194 comments

#liberalmediabias

Jimmy Fallon and The Roots (ft. President Obama) - Stafford Loan Interest Slow Jam
posted by East Manitoba Regional Junior Kabaddi Champion '94 on Apr 25, 2012 - 57 comments

Fix UC

A student group has a novel idea to reduce college costs: pay nothing up front, instead paying out 5% of their income to the UC system for 20 years after graduation.
posted by reenum on Feb 10, 2012 - 123 comments

The Law School Bubble

There has been an increasing outcry over the bleak job prospects facing law school graduates. Paul Campos, author of the "Inside The Law School Scam" blog, argues that continued high enrollment at law schools may be due to "lemming psychology".
posted by reenum on Dec 27, 2011 - 94 comments

The Price To Play Its Way

Want your new law school to get accredited by the American Bar Association? Be prepared to jump through some hoops.
posted by reenum on Dec 18, 2011 - 39 comments

Is a Law Degree a Good Investment Today?

Professor Herwig Schlunk of Vanderbilt University explores whether a law degree is a good investment today. (SSRN link) [more inside]
posted by reenum on Nov 23, 2011 - 49 comments

What $200,000 in Student Debt Looks Like

Kelli went to Northeastern University and got loans to pay for her sociology degree. Her repayment schedule is featured in the article and it is not pretty. [more inside]
posted by reenum on Nov 22, 2010 - 261 comments

You Can't Have Your Money Back

A third year law student at Boston College doesn't like the prospects he has after graduation, so he decided to ask the dean for a refund.
posted by reenum on Oct 25, 2010 - 162 comments

Default Setting

The Government Accountability Office discovered that "23% [of for-profit university graduates] default [on their student loans] after four years compared to fewer than 10% of public-university grads." Unless for-profit universities can prove at least 45% of their students repay their debts (one among a number of benchmarks,) said universities may lose federal funding.
posted by griphus on Jul 23, 2010 - 72 comments

Is the next debt crisis in student loans?

Is the next debt crisis in student loans? Students are graduating from undergrad with 6-figures of student loan debt. With whom does the responsibility reside? [more inside]
posted by k8t on May 29, 2010 - 203 comments

Buy His Future

Buy His Future $59,965.90 owed, $245.75 donated.
"In exchange for your donation, I will from time to time write to you about what I've done with the life you've made possible. Make a gift, and free me to do good things with my life for this world."
It struck me as funny: have we come to a point in society where a man's future is worth the amount of his student loans?
posted by cjoh on Mar 22, 2004 - 42 comments

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