Posted on 05/14/2022 4:17:42 AM PDT by MtnClimber
The nation’s roughly 200 American Bar Association law schools create a dense smog of conceptual, ideological, and rhetorical pollution that spreads across the country like smokestack exhaust drifting far from its source, but there is a larger problem that begins in the law school “boiler room” itself.
Suppose you were propositioned by a firm (a law school) to give them a quarter of a million dollars and in return, you were promised to be trained for professional employment and told you could expect a salary that in two years at work would equal your investment (a two-year, self-liquidating payback), and that an income annuity equal to 50% of your capital outlay (tuition) would accrue with an expected rate of return over five times the market rate (that you could “beat the market”). First, however, you had a pay an “application” fee; take third-party fee-based exams and then commit three years of your professional life to full-time uncompensated labor (helping professors write books and articles; manage law reviews; and conduct word-of-mouth, referral, network, and multi-level marketing, among other tasks) with foregone income equal to your investment, plus uncompensated living, travel, and other expenses. Suppose you also found out that most of the members of the firm propositioning you, had no risk capital whatsoever in the venture, and were drawing salary, benefits and expenses directly pro rata from your investment?
Suppose you found out that was just window dressing; what regulators call “false and deceptive advertising;” inflated claims; undisclosed risk; inducement; in short, investor fraud?
What if you learned that many of your fellow investors were actually in on the scheme? That they were intent, not on following any such opportunities at all, but instead becoming part of the problem -- of perpetuating more crime and fraud
(Excerpt) Read more at americanthinker.com ...
I think they have become marxist indoctrination and revolution training camps.
Criminal legal mafia.
The article makes some good points.
There is no failure to understand the Marxist foundation of the democrat party. Its members celebrate the coming of the Marxist revolution while Republicans - not enough of them - decry it. Trump stands in opposition. The rest not so much. Everyone is aware. It is no secret. Obama, Clinton, and Biden are avowed Marxists. I pray every that that the worm, the people who are subject to this madness, is turning.
Someone somewhere once described lawyers as crows.. And that's exactly how they behave.
Been there. Done that.
Article is generally spot on.
University are just ways of funnelling huge amount of money and benefits to liberals that would be otherwise unemployed.
Student loans are available for basicalk y any warm body that attends an "eligible institution" on an IRS list. Student loans cannot be rated based upon the likelihood that a student from any particular "eligible institution" (Think Karl Marx Universtity) or particular course of study (Think a degree in Revolutionary Studies) will repay the loan. So we have a bubble in the US educational system, as indicated by its embrace of postmodernist ideology. Student loans should be dischargeable in bankruptcy and all repayment information, good or bad and including the bankruptcies, should be allowed to be used to rate student loans.
bump
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