The Unemployed Flocking to Grad School – A Bad Idea that Won’t Die
It seems that the young and unemployed are working their way toward becoming slightly older while earning dubious grad school credentials.
This is my favorite quote from the article:
The rush to law school comes despite the fact that some big law firms have so little need for new associates that they have been paying new graduates they’ve made job offers to a stipend to go off and do volunteer work.
My prediction is that a lot of these morons will eventually become ambulance chasers, politicians or both (think John Edwards).
Then there are the dumb-ass journalism students:
Even more striking, journalism schools, despite the industry’s relatively low pay and its current financial woes, are also attracting students in numbers that the schools themselves cannot fathom. Publishing bled 90,000 jobs this year and 142 newspapers have closed.
Could it be that these aspiring journalists haven’t read the news that their future “profession” is dying? Shouldn’t that be a question on the grad school application?
I’m sensing a continued inflation and eventual bursting of the student loan bubble. How about you?