Being the Only Law School in Memphis, Tennessee is the Key to Success!

The Cecil C. Humphreys School of Law in Memphis, Tennessee managed to raise $500,000 more than its $12 million fundraising goal. I can only speculate as to why. God knows my Tier 1 has yet to see a dime from me. I am thinking it's the only school in town, so there may still be a perceived need in the area for lawyers. But note, the bulk of the money came from big companies--not graduates. Companies like FedEx and Autozone, along with a couple of big Memphis Firms gave to the cause--a brand new building. Or a gut renovated old U.S. Customs Building.

I guess they are getting ready for the competition, Belmont, which is opening in the near future to "fulfill the need" in the back country of Tennessee.

Whatever. There's nothing much to say about this topic. You can read my mind, I'm sure. There are much needier causes in the world that could have used that $12.5 million. Haiti, AIDS, World Peace? But it's a charitable deduction to the donors, any way you cut it. It's a for profit business, but it's considered charitable. Even the state of Tennessee and the local government chipped in. It's just a waste. Maybe they should have raised the money to sponsor a free legal education for all those willing to go into Tennessee Public Interest Law. In-state tuition and fees for one year costs a student $28K. So, with all of that money, C. Hump could have sponsored 133 students for three years. I wish they did that instead of building a fancy pants building.

Well, I'm just a scam-blogger. What do I know?