Xtranormal Takes the Higher Education Scam Mainstream

Here are several more xtranormal videos. I'd like to see more of these videos follow in the footsteps of the "So You Want to Go to Law School" video that has gone viral and received 660,000 hits in the last week. I'm glad to see unemployed graduates putting some of their free time to good use by creating these creative and humorous videos that will hopefully save someone from a similar fate. Enjoy and pass them along to a real life lemming contemplating law or graduate school. You could save a life.

Hope(lessness) and Change

H/T to Corrente for finding an oldie but goodie by Ian Welsh called the Personal Politics of Hopelessness. I'm sure many of our readers can relate:

As I write this I’m eating a sub I bought from across the street. While it was being prepared I chatted with the young woman making it, and she told me about moving from the Canadian Maritimes to Toronto, to, in essence, get a job that pays a little more than minimum wage. Because out in the Maritimes she had trouble getting even that.

I thought to myself that her experience is one that politicians need to have. Many politicians, of course, have never ever had a bad job. They went straight to a good university and from there to a good job or internship. They probably worked hard for it, and think they deserve what they have, never really seeing all the people whose feet were never on that road, who never had the same shot they did.

Then there are a fair number of pols, though less and less every year, who will tell you about the lousy jobs they had as teenagers, or maybe in their early twenties. But in most cases something is different between them and many working class and even middle class folks.

They knew they weren’t staying there.

When I was poor and working in lousy jobs I used to look in the mirror and see myself at 50, or 60. I expected to still be working at grindingly hard jobs, being treated badly by bosses (because there is no rule more iron than that the worse you are paid the worse your employer will treat you), and still being paid little more than minimum wage. That was the future I saw for myself.

And when I was on welfare, after having failed to find a job for 6 months, and even being turned down by McDonalds (in the middle of the early nineties recession) I wondered if I’d even ever have a shitty job again. I ate cheap starchy food, turned pasty and put on weight. My clothes ran down. When my glasses broke beyond the point where tape would keep them together I literally had to beg the optometrist to make me his cheapest pair and I’d pay him later. (I eventually did.) My life was a daily grind of humiliation.

And that’s what I expected my life to be.

When politicians participate in one of those “live on Welfare for a week/month” programs I’m happy, but I’m also dubious. The difference is that they know they’re getting out in a week or a month. They know it’s going to end. Much as I applaud someone like Barbara Ehrenreich, who lived for months working at lousy jobs, again, she knew it was going to end. She knew that, if push come to shove and she became seriously sick, she could opt out. She knew that if she really couldn’t eat for days, that was her choice.

Living without that safety net, knowing that if something goes wrong, that’s just too bad, changes you. Living without any real hope of the future, knowing that the shitty job you’ve got now is probably about as good a job you’re ever going to have, changes you.

And it changes your sense of what hard work is, of what it means to be deserving. I remember working on a downtown construction site as temp labor, and I’d watch all the soft office workers with their uncalloused hands come out for lunch, and I’d wonder why they got paid two or three times what I did for work that was so much easier (and which, of course, I could do, even if I didn’t have a BA.) At the end of the day they might be stressed, but I’d go home physically exhausted from hard labor and so would my co-workers.

Of course, I got out of that. I’d say “I went back to university”, but even though that’s true, it’s not what got me out, since I never finished my BA. Instead what got me out is that I finally got a couple chances to prove what I could do—I got a temp job in an office, and was one of their most productive workers (they measured it.) Later I got invited to blog, and hey, I can write, even if I don’t have a BA. I got lucky. Like most people who get lucky in work, that luck involved a lot of hard work, but it also involved luck.

But a lot of folks never get lucky despite the fact that they work hard. Perhaps they aren’t really all that bright (half the population, after all, is below average intelligence.) Perhaps they’ve got some personality issues or weak social skills. Perhaps there’s something not quite right in their brain chemisty. Or perhaps they just never catch a break because they aren’t lucky and their parents weren’t well enough positioned to help them get those breaks.

But still, most of them work hard and earn their money, whether it’s barely more than minimum wage or they did get a bit of luck and got one of the few remaining good blue collar jobs.

But when they look in the mirror, they know that the guy or gal looking in the mirror ten or twenty years from now is probably going to be doing the same thing. And they know that they’re one bad break away from losing even the little they have—one illness, one plant closure, one argument with their boss.

They don’t have a lot of hope for the future, except that it won’t get worse. The life they live now is the best it’s probably gonna get.

Living like that changes you. It makes you see people differently. You understand that there are a lot of bad jobs out there, and that someone’s going to be stuck with them. You know that most of those jobs are either hard or humiliating, and often both. You know that for too many people, a shitty job where they’re abused by their boss is as good as it gets.

If this depression and the "jobless recovery" has taught the educated underclass anything it is that connections and luck usually matter more than intelligence, hard work, and doing everything right to get into law school or even a top law school only to find yourself back in the same position you would have been in if you had dropped out of high school. Only now you have student loans so huge that it will take you the rest of your life to pay back.

This is especially painful to many of us who didn't come from a rich family. Maybe your mother was like the woman in Ian's post who moved to Toronto to find something better than a mininmum waged job. Or your parents struggled to pay the bills and the mortgage while putting aside money each month for your college fund. My mother bought used textbooks from the library so she could tutor me at home in addition to schoolwork. She always emphasized getting an education so that my life would be better than hers. Some of you might have had strict parents who forced you to take additional classes and extracurricular activities so you'd have an edge when applying to college.

Your parents or guardians did all of this because they held out hope that all of that hard work and education would someday pay off and you wouldn't have to struggle for the rest of your life or work in a demeaning and low-wage job. Hope for a better life for themselves but especially their children is what keeps most people going through the worst of times. Well, the light at the end of the tunnel has officially gone out and with it the hopes and dreams of millions of Americans who did everything right (emphasis mine):

Meeting 99ers is to tap into a deep well of anger at lives that have been knocked off course, shattering the enduring vision of the American dream that many had felt they had achieved. Just take Donna Faiella, a 53-year-old New Yorker who lives alone in Queens. She spent 28 years working in film post-production and video-editing. She was successful and had a career. Now she is desperate for a job, any job. But she cannot find one. "I will do anything. I will sweep floors. You think I look forward to collecting unemployment? It is fucking degrading," she said, almost quivering with anger.

Faiella is in dire trouble. Joblessness has eaten away at her sense of identity. "I feel like we are worthless. We are lost in the world. I don't know what to call myself. I don't have a title any more. What do we do? What do we do?" she implored. Faiella has one week of benefits to go. Then her 99 weeks will be up. She will have a title again. But not one she expected. She will be a 99er. "I am petrified. Do I become homeless?" she said, adding that she has begun making inquiries at local shelters.

Perhaps the most tragic is to see so many young Americans who have lost all hope and faith in a better future for themselves and for their children. It is tragic to see a generation who should be starting their lives having to move back home with nothing to give their parents - who may very well be struggling with unemployment or early retirement themselves - other than a worthless piece of paper that they and their parents had invested their entire lives to obtain.

I hope for our country's sake that someday we get a President who really had to struggle so they know what it is like to live on the edge with no money and no hope for the future. Someone who grew up on welfare and struggled to find a job during our generation's Great Depression will hopefully have at least a modicum of empathy to invest in job creation and finally end the total looting and destruction of this country by Wall Street and the student loan companies. I'm not holding my breath. Regardless, if or when we get out of mess, there will be inumerous casualties including many of our readers and scambloggers who are part of the Damned Generation.

Infographic by College Scholarships.org

The Old and Uneducated Finding More Jobs Than the Young and Educated. What Does It Mean?

Yesterday, Angel laid out the cold hard facts about the depression and the unemployment statistics for young people. In case you missed it, here is the chart again before I present more depressing employment figures.Over 50 percent of youth are unemployed, underemployed, or working part time. That doesn't include some of us over educated people working in full-time jobs that only pay $10 an hour. This is a catastrophe. We are the damned generation: no jobs, no savings, no future, an unprecedented student loan debt crisis, and probably no social security and medicare by the time we reach our parents' age.

I have more bad news that probably won't surprise most BIDER readers but will at least shut up the shills who come here and try to tell us that college educated youth are doing a-okay at only 4 percent unemployment. I came across job data at the Center for Economic and Policy Research that shows African Americans and the college educated hit especially hard by job losses. Again, not surprising but here is the proof (emphasis mine):

African Americans were also hit especially hard. The EPOP for African Americans is back at its low point for the downturn and the EPOP for African American women hit a new low at 54.4 percent, 0.1 percentage points lower than the December ratio.

By education level, the less educated appear to be the big gainers, with a 1.8 percentage-point increase in the EPOP for those without a high school degree. Those with some college had a 0.8 percentage-point decline in their EPOP and those with college degrees had a 1.1 percentage-point drop to 72.7 percent, the lowest level of the downturn.

By age group, the big gainers continued to be the over-55 cohort, which added 54,000 jobs in July, bringing the 3-month gain to 182,000. Older women accounted for 167,000 of this rise in employment. By contrast, employment for women between the ages of 35-44 fell by 253,000 (1.8%) and for women between 45-54 by 186,000 (1.2%) since May.
There were substantial declines in all the measures of duration of unemployment. This likely reflects many long-term unemployed dropping out of the workforce after losing benefits. The percent of multiple jobholders dropped by 0.3 percentage points to the lowest on record. This presumably reflects difficulty in getting jobs.

Let me first say it amazes me that Washington does not seem to care enough to make drastic changes to stop the bleeding given that the current administration got into office riding on a huge wave of support from the young and minorities. The 22-year-old who voted in 2008 won't be the same voter in 2012 as a 26-year-old welfare recipient still unemployed four years after graduating from college with $100k loans. We are going to see that affect on the electorate in 2010 and 2012.

This doesn't mean life is good for the old and the uneducated, far from it, but it does point to a lack of real jobs with good wages and benefits being created. What kind of jobs do you think older women and high school drop outs are getting in this economy? Likely retail and restaurant work and a few manufacturing jobs that the majority of our college educated readership are considered overqualified for.

No one other than the political elite and the CEOs are coming out winners in this depression, but at least the uneducated have a better chance at the few service sector and manufacturing jobs. When there are no jobs, you have educated people willing to take practically anything for extra money to stay afloat even if it means driving a taxi or working at the shopping mall or grocery store.

Unfortunately for the damned generation, being educated is a curse because not only do you have student loans, you will be passed over for the less educated candidate for most of the new jobs created. Nearly every job I hear about on the local news is in the manufacturing or service industry. What are the chances that a 20-something female with a college degree and JD such as myself will get one of these $10-20/hour jobs over the recently laid off man with 20 years of experience on the factory line? Slim to none. That means the person with the $15 hourly job is still doing better, however small, than the unemployed JD or PhD making nothing to pay the rent and buy groceries.

In the end it is all about just hustling to survive and the 18 to 29 educated crowd clearly isn't doing well in that area. For example, I am single and have a current net worth of zero while the neighbor who bypassed college to get a masseuse certificate just bought a new house with her husband and has no student debt. Remind me again why I worked my ass off to get into the best schools?

The Corporatization of Higher Education Has Made It Less Valuable to the Millenial Generation

We have received many comments, including a post at Corrente by ChicagoDyke, in response to Angel's post arguing against a college education.

Regular readers know that my opinion differs from Angel. I have stated in the past that I was very fortunate to have received financial aid and scholarships to attend a top ranked college. I enjoyed my experience and I think I am a better person because of it. I only wish the greedy people who run our country and our universities believed that all Americans were entitled to an education without having to go into life destroying debt. This is why I blog about the higher education and tuition scam and its destruction of both the education system and the people who once believed in it only to be left unemployed with hundreds of thousands of dollars in student debt.

Millions of people my age are rightfully bitter about their return on a $200,000 investment that has destroyed them emotionally and fiscally. I come from a working class family where I was denied a lot of the material objects that the majority of my well-to-do college and law school classmates were fortunate to have growing up. Part of the reason I went to college and later to law school was to not only become more wordly and enlightened but to also improve my life and help my parents and the rest of my family who continue to struggle to this day. I'm sure that most working and middle class students go to college for similar reasons.

So I absolutely hate it when these same well-to-do people, or older people who went to college when it didn't cost $50k a year to attend, tell me that money isn't important compared to intangible things like having an education. Well, you never really had to experience a single day being dirt poor living on food stamps or have Sallie Mae call you everyday demanding their student loan payment, have you? I'm not talking about not being satisfied with just having enough to survive and have a roof over your head and food on the table. I mean bottom of the barrel poor, scared to death that any day now you could be on the street and eating at a homeless shelter. Well, that is the situation millions of Americans are in right now including millions of college educated graduates who thought they did everything right only to have half of their wages garnished to pay for that oh so joyful college experience. And, of course, there is the law school scam that uses fraudulent employment statistics to convince their students that taking out $150k in loans in a field that continues to outsource jobs to India is a good investment.

I do not have rose colored glasses on when I listen to people my age with $200k or $300k in student loans regret never being able to go on a vacation, or treat themselves to a nice outfit, or have children because of this "mistake". When the cost of an education hinders your ability to build a life for yourself: get married, start a family, buy a house, or even qualify for an entry level job - that is when the pro-education crowd must take these complaints against a college education seriously rather than blame the victims for being bitter or resentful. This is not their fault. You wouldn't have people like Angel warning against an education if the expenses weren't so high.

I respect Angel's opinion because her criticisms are valid and many people from the X and the Millenial Generation, which I am a part of, feel the same way because of the corporatization of higher education. Here is part my response to Angel's post earlier this week:

HardKnocks said...
The majority of Americans would be able to go to college IF colleges weren't so damn expensive, and that is largely the fault of greedy tenured professors and money hungry deans. I also believe that college shouldn't be 4,5,6 years. Most students would be able to graduate in 2 to 3 years if it weren't for ridiculous money making requirements set by their college. It's the same money making scheme that forces law students to spend three unnecessary years in law school.

There is no such thing as a "cheap college" if you are looking to go to most of the schools listed in the top tier of USNWR unless you get a ton of scholarships and financial aid. And the goal for most ambitious and academically gifted is still to get into the highest ranked school they can get into.

Most 18 year olds have no concept of savings and debt. They are just brainwashed by parents, teachers, the media, and USNWR to believe that a higher ranked school equals more prestige and better job opportunities to pay off the high tuition.

Anyway, what is the point of getting good grades so you can attend Podunk University with someone who got a 2.0 in high school? The US does not reward good students who aren't rich. Poor and middle class students are punished either with life crushing debt to go to a prestigious school, or they are told that despite all of their hard work they will never reach the coveted top tier school or Harvard because they weren't born into a rich family. That is NOT how the higher education system should work. The Ivy and top public universities should be accessible to anyone with the grades to get in, not just the rich.

This is what I said last month in response to critics of blogs such as BIDER that criticize the current education system:

As a starting point for any new readers joining us, I recommend reading Jobless Juris Doctor’s post about a day in the life of an unemployed graduate working a $10/hour part-time job with loans to pay back. Many of the comments are just a small window into the large numbers of young people who are depressed and on the verge of suicide because of student debt, especially in this new jobless era that could last for decades.

Please also read Cryn at Education Matters and put her under your blogroll even if your blog has nothing to do with education issues. Cryn is one of the few education advocates trying to change the system and fight for student loan victims. She regularly posts absolutely heart wrenching stories of educated American families being destroyed by student debt compounded by unemployment and our country not having a national health care system. Cryn herself attended an Ivy League and is now working in South Korea to pay off her student loan debt. Yes, many of us are being forced to flee the country to find anything resembling a respectable and decent paying job to pay off our student loans.

...We are not against education. We are against a system that devalues the importance of education by turning it into a money making scheme. To swindle millions of dollars from hard-working Americans using fraudulent data and myths in order to convince parents and their children that taking out hundreds of thousands in private loans is worth it to become more self-enlightened is despicable and should be stopped.

Low-income, minority, and single parent (usually women) students bear the brunt of the higher education scam. Too many of them end up in for-profit schools or low ranked, third tier schools that offer a crappy education and few job opportunities at the same tuition rates as the Ivy League. Many must gamble with the possibility of absolute financial ruin for life by taking out huge loans to attend college. So when someone asks whether or not college (or graduate school) is worth it, they are asking a very serious question that no one in higher education is willing to answer directly. Is taking out $50k, $100k, $150k, $200k – even $300k (I know an Ivy League and T14 graduate who owes more than $300k) in loans worth the risk? Is anything that doesn’t offer a money back guarantee or an absolute guarantee of a good paying job worth taking such a huge financial risk?

Anyone who can justify not questioning these exorbitant costs is either rich, clueless, or profits in some way shape or form from the system currently in place.

I have also recently blogged about university presidents who receive money from BP, Goldman Sachs, and Nike. These presidents are paid millions of dollars each year while their students drown in student debt. Why should the "little people" even take universities and the crooks who run them seriously anymore? These crooks obviously do not believe in access to education for all if it means their salaries are cut in half so that colleges can once again become affordable places of learning for the masses.

More of our critics need to open their eyes, stop blaming the indentured educated class of my generation, and start demanding accountability and change from the higher education industrial complex. Until this ends, the education gap between the rich and the poor will only become wider and there will be more critics besides Angel arguing against college and graduate school.

More Tidbits from the book, Higher Education? How Colleges Are Wasting Our Money And Failing Our Kids - And What We Can Do About It

A BIDER reader sent us an interesting statistic posted by author Sheril Kirshenbaum on twitter via the upcoming book "Higher Education?" which will be released tomorrow:

From 2005-07: 101,000 PhDs awarded & only 16,000 professorships created (via book Higher Education?) Recession undoubtedly increased spread 12:48 PM Jul 31st via web

So where are the 85,000 PhDs without an assistant professorship? They are likely writing blogs about their lives on public assistance, working as adjuncts, serving you fries at your local fast food joint, or sending out resumes as overqualified candidates for entry-level positions meant for GED and college graduates. I'm glad that this book seems to at least briefly touch upon the victims of the graduate school scam along with the college tuition scam. Maybe someone will someday write a serious book about the law school scam. I'm not holding my breath.

Several days ago, I briefly mentioned the book Higher Education? in a post about the college scam. With more information being revealed each day, I honestly cannot wait to get my hands on this book. I looked up the statistic and came across an interview with one of the Higher Education? authors, Claudia Dreifus, at More Magazine. This is a fascinating interview worth reading in its entirety, but I couldn't resist pasting some of the highlights below.

Why do you think a Harvard education may not be worth it?
First, it’s overpriced. Harvard has just raised its fee to over $50,000 a year, and that will trigger a cycle of increases throughout the system because Harvard sets the trend. Harvard says it’s raising the number of scholarships, and that’s well and good, but the overall effect of the tuition hikes on the rest of the system is thoroughly immoral—most schools are not nearly as well endowed and can’t award as much financial aid. I believe that the elite universities we call the Golden Dozen—Harvard, Yale, Princeton, Dartmouth, Penn, Brown, Columbia, Cornell, Stanford, Duke, Amherst, Williams—are, for the most part, overpriced prestige items.

But they have great faculty.
Over 70 percent of college teachers—even at top schools like Yale, Harvard and Stanford—are graduate students or adjuncts or gypsy visiting professors. That’s up from 43 percent in 1975. There are 181,000 teaching assistants at work in 280 research universities around the country. And it’s not just the elite colleges. Florida Keys Community College, for instance, has 24 full-time faculty and about 90 adjuncts per term. Using a contingent workforce costs the schools much less money. At Yale, for example, teaching assistants earn roughly $20,000 a year.

So the students are not taught by the stars?
Rarely. And this bothers me, because you’re cheating the young people.

Where are the adjuncts coming from?
Universities are overproducing PhDs way beyond levels anyone can use in this country. From 2005 to 2007, they awarded 101,000 doctoral degrees—but there were only 16,000 new assistant professorships created.

You criticize what you call “vocational training” at many colleges: Resort management. Equine science and management. Apparel and accessories marketing. Why does this bother you? Doesn’t it help kids get jobs?
I think 18-year-olds are too young to know what they’re going to do with their lives. We’re a rich enough society that we can give people four years to find themselves—to expose them for one brief moment to ideas and thinking, to take a hiatus from the world of commerce. We can afford an educated populace.

Even in these tough economic times?
Yes. It’s not a luxury to be educated.

What should colleges be concentrating on?
They should be exposing young people to the great ideas of the past and present, and they should be giving them a chance to stretch their minds. A return to the liberal arts: history, philosophy, English, physics. Science as a whole needs to be valued more on the undergraduate level. Too often science classes are taught by people who speak English too poorly to communicate clearly—all to save money.

What’s the solution?
De-emphasize professors’ need to publish and promote those who are good teachers. Abolish tenure. Pay adjuncts something like parity per course. Force professors, no matter what their ranking, to teach undergrads. Cap presidential salaries. And end sabbaticals: They’re a total waste of money—a raid on parents’ and students’ resources. If a professor wants to advance her career by writing a book, she should do it on her own time.

What can parents do?
The first value should be not starting your youngster off with five-figure debt. Consider alternatives to the most expensive schools. It’s not so important to be able to say, “My child is at Princeton.” What’s more important is to say, “My child has a good future,” which partly means a future without crippling debt.

Can any college deliver “a good future”?
A large number of CEOs of major corporations didn’t come from the Ivies but from second-tier schools. There are good things to be found anywhere; the system is big enough so there is something for anyone. The trick is to find the right match.

LawCrossing Uses Reverse Psychology in Stupid Email

I apologize to the law graduate who forwarded an email from legal recruiting site Law Crossing to me last week for not posting this sooner. My initial reaction when reading the beginning of the Law Crossing email was WTF? before setting it aside until today to make some sense of it. If I had received this email directly from Law Crossing, I would’ve trashed it immediately without reading it because it’s that stupid and nonsensical. Note to boring and humorless attorneys: Do not use reverse psychology in an entire email. You’re not funny and you won’t get your point across, especially when it concerns a moneymaking scheme to swindle unemployed law graduates.

The person who sent me the email is a paid subscriber of this new LawCrossing service through BCG Attorney Search, which places “new lawyers” with firms, I suppose? Our source must have been equally confused with a WTF cloud hovering above his head because these were his thoughts on the email:

What the hell is this? The vultures now descend with riddles?

I would happily give these guys a good percentage of my first year salary and bonus if they could find me a paying job. I see no reason why they should be paid a subscription up-front. The fact that they operate like my gym ($15 every month whether it does you any good or not.) makes it all the clearer that there are no jobs. And another thing: I have no doubt that I'm the target demographic here. I mean, BCG kicked me over to their "new lawyer" department, LawCrossing, because I am, in fact, a recent graduate. But, thing is, I'm not exactly in a playful mood, and the reverse psychology here falls pretty flat. How's this, Harrison Barnes, Esq.: DO NOT go fuck yourself.

So they are charging lawyers money every month even if they don't find them a job? Nice. I'm sure they will find enough new graduates to con out of hundreds if not thousands of dollars over the next several years without ever finding them law firm employment.

I won’t link directly to the email on the BCG site because it would reveal our source’s email address, so here it is below.

Arranged Marriages Take Education Loans Into Consideration

This Times of India article made me laugh because so many of our readers have told us about their concerns with finding a mate or burdening their spouse with hundreds of thousands in student loan debt. Well, apparently we're not the only ones who worry about loans ruining our love life. Women in North India who have taken out education loans for an advanced degree are having issues finding a suitor who wants the responsibility of assisting in the payback of those loans.

The marriage market in North India has a new condition for brides-to-be – no education loan.

Shashikant (name changed), an advocate in the Allahabad High Court, was a trifle surprised when he was advised by his close friends not to play up the education loan taken for his daughter’s degree in dentistry while looking for a groom for her. But that’s how things are in the marriage market these days. Not only is a bride expected to be fair, convent-educated, English speaking and homely, she also has to be loan free. With parents increasingly turning to education loans to fund their children’s education, prospective in-laws are keen to know whether the bahu-to-be comes with the burden of paying off an education loan since an education loan has to be paid off by the student. So marriage alliances are dependent on the status of loan repayment – pay it off before tying the knot is the new demand coming from grooms’ families.

Sangeeta Bhattacharya, a graduate from Banaras Hindu University took an education loan to pursue her MBA from Pune. After the completion of her course, when her parents began looking for a match for her, questions about her education loan would invariably always crop up. “Almost all the guys would ask me about the status of the education loan. I was not offended since I believe that there should be transparency in matters of marriage,” she says.

Admitting to this trend is Kiran Chawla, who runs a franchise of a marriage bureau. “Education loans are figuring prominently in fixing matrimonial alliances these days. The most common query that comes from the boy’s family is whether an education loan has been taken by the girl or not and the clearing of the loan is the primary condition for a match to be arranged. The prospective in-laws are not ready to take the risk of paying the loan if it is still unpaid," she says. “While a well-educated girl is still sought after, that demand comes with a no-debt rider,” according to Chawla.

Let this be a lesson to students everywhere before you sign off on that student loan. Unless you want to die alone and penniless with your degree as your only accomplishment in life, think twice about how much money you will be able to pay back and how much you think your future spouse will tolerate. No one wants to marry - or have their son or daughter marry - into a situation where they are responsible for paying thousands of dollars in non-dischargeable debt.

Horror News Open Thread

Another day, another sign that the world is going to hell in a handbasket.

Let's start with the news that 300k teachers could be laid off this summer. Unlike overpaid law professors who fuck (literally) their students and contribute little to the well being of our society, teachers who work in primary, middle, and high schools are underpaid, overworked, yet are essential to an educated safe, and productive community. Schools in my area have already proposed 4-day school weeks and extended vacation. I expect the crime rate to skyrocket. When teenagers have nowhere to go because all of the schools and recreational facilities have been shut down, the only thing left to do is alcohol, drugs, sex, and loitering.

I've been putting off the BP Oil gusher spill because it's just too depressing beyond what we've all read and seen on the news and in photos. I recommend Naked Capitalism and Corrente for updated news and analysis of the cover-up story. Not only have wildlife and jobs been destroyed, but now there are reports that fishermen have become ill from BP's toxic chemicals while trying to clean up the spill.

More and more stories about sick fishermen are beginning to surface after the oil spill in the Gulf of Mexico.

The fishermen are working out in the Gulf -- many of them all day, every day -- to clean up the spill. They said they blame their ailments on the chemicals that BP is using.

One fisherman said he felt like he was going to die over the weekend.

"I've been coughing up stuff," Gary Burris said. "Your lungs fill up."Burris, a longtime fisherman who has worked across the Gulf Coast, said he woke up Sunday night feeling drugged and disoriented."

It was like sniffing gasoline or something, and my ears are still popping," Burris said. "I'm coughing up stuff. I feel real weak, tingling feelings.

"Marine toxicologist Riki Ott said the chemicals used by BP can wreak havoc on a person's body and even lead to death."

The volatile, organic carbons, they act like a narcotic on the brain," Ott said. "At high concentrations, what we learned in Exxon Valdez from carcasses of harbor seals and sea otters, it actually fried the brain, (and there were) brain lesions."

Despite the environmental disaster in the Gulf, Shell continues to go forth with plans to drill on the Alaskan coast as early as July 1st.

Do you have additional doomsday news to report? This is an open thread. Legal and non-legal news welcomed.

Survey Shows Recent Graduates Are Screwed Regardless of Rank, GPA, or Joint Degree

Do not go to law school. I cannot stress this enough to college graduates who think three years in law school will somehow make the recession end and older and experienced laid off lawyers disappear. A new survey from legal staffing firm Robert Half Legal shows what Angel and I have already told you. The job market is over-saturated with lawyers and there is no way young graduates without connections will get a job when there are thousands of laid off attorneys with experience competing for the same jobs and willing to work for less money and fewer hours. Most of you reading this already knew that.

In the survey, more than four in 10 (44 percent) of lawyers cited training or real-world experience as the most marketable attribute for law school graduates. Funny since most of us never got any real-world training or experience in law school. So unless you worked as a paralegal or law clerk before attending law school, you won't have the "experience" to compete. No, your internship with Bob Loblaw Shitlaw P.C. and moot court does not count as real experience.

Lawyers were asked, "In your opinion, which one of the following criteria makes recent law school graduates most marketable?" Their responses:

Training or experience in a high-demand practice area 44%
Law school or class ranking 19%
Technological proficiency 9%
Project management skills 8%
Joint J.D. and MBA degree 5%
Bilingual ability 2%
Other 9%
Don't Know 4%

The T14 means little to nothing in this new economy. Law school and class ranking counts for only 19 percent. Joint degrees count 5 percent. Fancy degrees and working your butt off to graduate cum laude will no longer guarantee a Biglaw or government job. Do not believe a joint JD and MBA degree will get you a job. I have several friends with a joint JD and MBA degree from top 10 schools who are unemployed. One of my friends admitted that he has been unemployed for too long to ever enter the private sector again. He graduated at the top of his class from a T14 and has a joint JD and MBA degree. He also has several years of experience in Biglaw. Do not go to law school.

Robert Half Legal offered the following bullshit job-search tips to law school graduates.

1. Make the most of your time. Hiring managers look favorably on candidates who have used their post-graduation period wisely. Use this opportunity to secure informational meetings with potential employers. Also sign up for additional training, including certified legal education, and business development and technology classes.
2. Consider pro bono or project work. These short-term assignments can help you make valuable contacts and develop skills future clients will seek, and may even lead to a full-time role.
3. Rethink the firm route. Consider clerkships that offer one to two years of formal training and can serve as an entree into a long-term position. Also, don't overlook mediation or alternative dispute resolution, and public interest roles.
4. Network heavily. Use social media sites to expand your contact list but also make an effort to meet people face to face by attending alumni networking events or bar association meetings.
5. Look beyond your legal circle. Friends, neighbors, former colleagues and college classmates outside your field could have connections or information that can lead you to your next position.

I think these tips, like most of the tips I've received since the economy collapsed, will do nothing to help most of us. We all know that. All of us who have put in 110 percent into networking, interning for next to nothing, and interviewing already know that pro bono work, doc review, internships, and networking with people who could care less about you and already decided to give the job to their relative, friend, or lover does not lead to a job. Do not go to law school.

I Need A Freakin' Job

This is amusing.

"I need a freakin' job." That's the message President Obama saw as he arrived in Buffalo, N.Y., this afternoon for an event talking up the administration's success in creating new jobs. He also pitched Congress on approving a $30 billion credit for small-business growth.

Yet critics say Obama has been focusing his recovery efforts too narrowly and hasn't done enough to help people find work. After all, the latest job figures show 9.9 percent of the country still out of work. That inspired a group of unemployed Buffalo residents — who also have a website called INAFJ.org — to appeal to the president in the form of a billboard along the route his motorcade took into town.

Unfortunately for those who need a freakin' job immediately, neither of the major political parties think job creation is the number one issue for midterm elections. Why do we vote for these people again?

Yet jobs aren't a huge priority for either party heading into the midterm campaigns, as Politics Daily's Jill Lawrence notes. That might be because other issues have taken precedence. A new Gallup poll finds that for the first time in two months, the issue of "jobs" has fallen to No. 2 on the list of issues Americans are most concerned about. The new No. 1 issue: The economy in general. White House officials defend their efforts on jobs, saying the president has been focused as much on creating new jobs as on "saving" current positions.

Meanwhile, in the real world outside of lalaland DC where everyone gets paid by the health insurance industry and Sallie Mae, millions of people are suffering and the higher education scam continues. The New York Times interviewed a woman who took out a $17,000 student loan for an eight-month course to become a medical assistant after losing her adminsitrative assistant job two years ago. The program sounds like another for-profit college scam to me.

Ms. Norton, for her part, may be reluctant to acknowledge that many of her traditional administrative assistant skills are obsolete, but she has tried to retrain — or as she puts it, adapt her existing skills — to a new career in the expanding health care industry.

Even that has proved difficult.

She attended an eight-month course last year, on a $17,000 student loan, to obtain certification as a medical assistant. She was trained to do front-office work, like billing, as well as back-office work, like giving injections and drawing blood.


The school that trained her, though, neglected to inform her that local employers require at least a year’s worth of experience — generally done through volunteering at a clinic — before hiring someone for a paid job in the field.

She says she cannot afford to spend a year volunteering, especially with her student loan coming due soon. She has one prospect for part-time administrative work in Los Angeles — where she once had her own administrative support and secretarial services business, SilverKeys — but she does not have the money to relocate.

“If I had $3,000 in my pocket right now, I would pack up my S.U.V., grab my dog and go straight back,” she says. “That’s my only answer.”

With so few local job prospects and most of her possessions of value already liquidated she has considered selling her blood to help pay for the move. But she says she cannot find a market for that, either; blood collection agencies, she said, told her they do not buy her blood type.

“Sometimes I think I’d be better off in jail,” she says, only half joking. “I’d have three meals a day and structure in my life. I’d be able to go to school. I’d have more opportunities if I were an inmate than I do here trying to be a contributing member of society.”

My suggestion to flee the country might sound drastic to some of you, but when educated professionals who have done everything right are selling their blood to pay the bills or would rather commit suicide or be thrown in jail, that is when you have to consider other options. Oh, and as I mentioned last week, this won't be ending any time soon.

Millions of workers who have already been unemployed for months, if not years, will most likely remain that way even as the overall job market continues to improve, economists say. The occupations they worked in, and the skills they currently possess, are never coming back in style. And the demand for new types of skills moves a lot more quickly than workers — especially older and less mobile workers — are able to retrain and gain those skills.


There is no easy policy solution for helping the people left behind. The usual unemployment measures — like jobless benefits and food stamps — can serve as temporary palliatives, but they cannot make workers’ skills relevant again.


Ms. Norton has sent out hundreds of résumés without luck. Twice, the openings she interviewed for were eliminated by employers who decided, upon further reflection, that redistributing administrative tasks among existing employees made more sense than replacing the outgoing secretary.


One employer decided this shortly after Ms. Norton had already started showing up for work.

T5 or Bust?

According to one of our readers who has worked as a lawyer for nearly 15 years, in the new jobless era, even being in the T14 means getting your resume thrown in the trash. The comment belonged in "comments that should have been posts" category so I'm posting it here for all to read.

I have been a lawyer for about 15 years. The landscape of this profession has changed enormously and there is no elastic effect from the current economic recession. When the economy recovers (5-7 years from now), most of the legal jobs that have been lost won't be coming back. I graduated from a T30 school and today I am a partner at a boutique firm. I can tell you that many firms will not be hiring entry level associates in these times. I receive dozens of resumes from T14 grads and they all wind up in the trash can. If you are applying to law school, DO NOT attend any school outside of T5. Attending a school ranked outside the T5 will be a terrible gamble of your life and future. If you are a college graduate reading this, I know you will be too arrogant to heed my warning and you believe you will be the lone exception to the doom that awaits you. A few years ago, I would feel sorry for you. With the proliferation of these lawscam blogs, you have been warned. I personally will not pity any buffoon that attends law school in the past 2 years or next decade.

Thank you for your honest and astute observations. The very few who benefit from the system will never admit that thousands have wasted their youth and what could have been their life savings on a useless degree. Some of us had to learn the hard way but at least we have the excuse of not being warned before the economy tanked. I also want to remind readers that plenty of my classmates who found biglaw jobs were laid off in less than a year and haven't been able to find any type of employment since and will probably never be able to reenter biglaw again. Job security no longer exists for our generation and there is no reason for companies to employ entry-level graduates who will expect a higher wage because of their useless degree when there is an endless line of new college graduates, Gen Xers, and Baby Boomers waiting to be rehired at slave wages.

Another reader made this comment:

Heres some food for thought.

My roommate is a 1L at a tier 2, well respected local school in California. He is in the top 2% of his class. He did not get an interview for an unpaid internship with the local city attorney's office. He received a form letter rejection.

I am a militant scam blog follower and member of the movement, and even I was blown away by this. Please spread the word......

Thank you for your support and kind words. Unfortunately for your friend, he will likely remain unemployed until he finds an entry-level job unrelated to the law. I've mentioned this in a post several months ago, but a close friend of mine graduated from a T14 in the top 25% of his class, has several published law review articles, and has been unemployed for nearly a year. There is no room for Tier 2 graduates when there are top legal scholars from the best schools living on welfare.

Tips on Being Overqualified

I just came across Ask a Manager and thought the blog was very helpful in answering some of the questions I had about references, cover letters, thank you letters after an interview, etc. One of her articles on what to do if you're overqualified was posted at USNWR back in 2008 but I think the tips she mentions are useful to anyone who hasn't read it yet.

So your job

is to reassure the hiring manager that none of these things are true, and in order to be convincing, you need to explain why. For instance:

• "At this stage in my career, having a job I enjoy is more important to me than salary. I have no problem with earning less than I have in the past."

• "I want to move into this field, and I know that I need to start at a lower level in order to do that."

• "I'm deliberately looking for something with fewer responsibilities than I've had in the past so that I can spend more time with my family." (Or because you're going to school at night or have simply realized you prefer lower-pressure jobs.)

• "I wouldn't take a job I'm not excited about, and I'm excited about this one because ______."

Ideally, the time to address all of this is in your cover letter. Otherwise, you may never get the chance to say it at all, because the manager may simply assume that you don't understand the nature of the position and screen you from the start. And once you get to the interview stage, be prepared to discuss it again, likely in more detail.

If you can successfully put these doubts to rest, many hiring managers will be thrilled to hire your overqualified self. After all, you're a bargain.

Of course, I'm pretty sure she's not addressing people who are overqualified in terms of having a JD or another graduate degree, but overqualified in that they have actual work experience. Maybe we should send Allison a few law related questions. She might have a few helpful tips for law grads looking for entry level careers in other fields.

On another note, I am visiting my friend who is getting her PhD at a top tier school (and has admitted that she'll probably never find a job). Boy did she have plenty of sad stories to tell me. It amazes me how so many smart people remain clueless when it comes to applying to graduate school, taking on mounds of debt, and not realizing that there aren't any jobs to help them pay back that debt. It just shows you that anyone can be fooled and there will be millions more who will join us in the indentured educated class in the coming years.

One of her friends was laid off because her job is being outsourced. What's even sadder is that the company is now paying her to train people in Southeast Asia who will take over her job in a few months. Anyway, instead of learning her lesson she's planning to take out a huge ass loan to go to a third tier business school. Another story she told me was about a mutual acquaintance from college who is attending a tier 1 law school but can't find a job (not surprising). She goes to interview after interview and all of them tell her that as much as they like her, they aren't hiring many new graduates. My question is why then did they offer her an interview to get her hopes up when they knew that she never had a chance of getting the job? Wtf?

Late Night Pessimism/Realism

For those of you who enjoyed Ian Welsh's last interview, here is another interview I came across on his blog today. Enjoy and sweet dreams.

NYLS, Brooklyn, NYU, Columbia, St. Johns, Albany, Cardozo, Fordham, Touro, CUNY School of Law, Cornell, Hofstra, Pace, SUNY Buffalo, Syracuse.... Binghamton???????

Yes... Binghamton is planning on opening up a law school.  They don't even lie and say that New York or that Binghamton (in upstate New York) is in dire need of a law school.  It's pretty daggone obvious that New York is drowning in law schools.  Besides the obvious motivation ($$$$$) what could they be thinking?  Especially with the legal industry producing a ton o'grads a year.  43,587 graduates to be exact.  So, what's another 160 or so???? 

Here is one of their reasons:

Based on statistics from 2007-08, out of all the then-seniors that applied to attend law schools across the country, 76 percent were accepted to one or more American Bar Association-accredited law schools after graduation. Of those applicants who were seniors at BU, 86 percent have been accepted to one or more law schools.



"We are 10 percent above the national rate," Appelbaum said. "Binghamton does a wonderful job in preparing students for law school. I think it would do equally well in providing a legal education."

What an achievement! With over 200 law schools in America, the Correspondence College for Monkey Science can produce graduates that get into law school... somewhere.  Is that really an achievement? 

Once again, the total disregard for the future of students after they get out of the law school is shocking to me.  I can open a law school in my living room, but I wouldn't.  I could just teach them a  Barbri Course and they will be better prepared for the Bar then if they went to law school.  But I won't.  Why not?  Because I can't tell these kids that they will have a future in the field.  What Binghamton and other law schools are doing is fraud.  Why isn't the State Attorney General of New York prosecuting these hacks.  I really think that law schools are the biggest Ponzi Scheme of all.   Deans everywhere should have to pay their unemployed graduates back the money they stole.  That would be justice.

The Holidays are Around the Corner!

Nothing gets me more in the mood than The Christmas Carol... the ghosts... Scrooge and Tiny Tim. EsqNever (a fellow blogger) has made the story relevant to lawyers in his creation of Law School Carol. Hilarious, kids. Make sure to watch parts #2 to #5 as well and the epilogue.