In a lengthy seven-part article, the New York Times asks, “Is Law School a Losing Game?” Answer: yes. Why is it a losing game? Student loans, of course. Lots of them.
This article comes as no surprise to law students and recent graduates. Law schools publish deceptive employment statistics, and prospective students, in reliance on those numbers, take out hundreds of thousands of dollars in student loans to attend. Many law students who graduate with a six-figure debt burden are subsequently unable to find high paying jobs (or even moderately paying jobs) sufficient to justify their debts. This happens year in and year out.
- Pwn (v.) Slang term derived from the verb own, as meaning to appropriate or to conquer to gain ownership. The term implies domination or humiliation of a rival.