Most people who enroll in law school are greatly overestimating their future earnings.
Same income level as her yet she’s on welfare and we’re paying for it. Lovely.
Yup, another over-schooled, under educated, liberal dumbass. Wish she would have stayed at home in Cali. Minnesota has waay too many of them already!
Check out the data from Salary.com http://swz.salary.com/SalaryWizard/Attorney-I-Salary-Details-55442-Minneapolis-MN.aspx
The median Attorney I (entry level attorney) in MN makes $85K per year. The lowest 10th percentile lawyer makes $65. The question should be why is the lady making half of what the lowest 10th percentile of lawyers in her town are making? This is not an education/cost problem.
It does not look like the author of this article explored the details of this story. With zero scholarships and grants, according to Google, the cost of Pepperdine Law School - apparently a top rated schools - is currently $78K per year. Where does the $275K come from? Does it include interest? What did this young lady do during her summers? How come she went to Pepperdine instead of University of Minnesota Law School where the cost is $59K per year? By my math that is roughly $19K per year difference?
Why would anybody hire a lawyer who was so clueless about her own finances?
These are expensive colleges. She must have had excellent grades or exam scores to even get into them. So if she’s so smart, as my dad would say, “why ain’t she rich?”
I get going to USC Film for her MFA. I have no idea why Pepperdine Law on top of that. If you’re good enough to make money doing video editing and production, and especially to get into the film program at SC, do that. Work your butt off, network your butt off, and make that work. California needs another lawyer like Charlie Sheen needs coke and hookers.
Punchline:
Sounds like a good start.
The entire “student loan” business is now a scam, whereby the government (legislators, administrators) support the loans, to prop up so called educational institutions that are grossly overpriced.
Eisenhower warned against the “military - industrial complex,” which some today believe has kept us in more or less perpetual low level war.
I liken the education scam to this; e.g. the “government - education” complex.
Smart parents will direct their serious student children to community college for two years, where costs are lower. Keeps them out of big school Greek fiascos.
Five years after graduating and starting work, nobody cares if you went to the big university as a freshman/sophomore.