Will Prospective Law Students Listen to the Hard Truth?

Too many unemployed (or under-employed) college graduates) choose graduate school as a default option.  I have been consistent in this message, particularly as to those who aspire to earn MBA or law degrees. For many who earn these degrees, the return on investment is poor or non-existent. The burdens of student loans far outweigh the short or long term benefit.

The question is:  Are prospective law students paying attention? Read more

Law Students in Debt and in Doubt – Spread the Word

Mr. ToughMoneyLove enjoys blogging but makes his living practicing law.  I also teach part-time at a local top 20 law school.  I hope this allows me to speak with some authority on the topic of excessive borrowing and unreasonable financial expectations of law students and law student wannabes.  If you or a friend/family member are a lawyer wannabe, please carefully consider what you are about to read.  Read more