Much, Much Worse

"The Jobs Crisis at Our Best Law Schools is Much, Much Worse than You Think," by Jordan Weissmann (The Atlantic)

Money Quote: "The problem isn't just about no-name law schools churning out JD's nobody wants to hire. Even graduates at some of the country's top programs are struggling."

"Much, much worse" than WE think is really saying something.

*****

"I went to college, law school and grad school -- because I wasn't born elite,"  by James Poulos (Forbes)

Money Quote: "It really is possible to get the best from an elite education without getting trapped in post-graduate hell — if only you’re willing to replace your love of money with a tolerance of debt, and you’re willing to flout the rules of absurd competition that produce so many credentialed casualties."

*****

"Calls Mount for Changing How Interest Rates are Set on Federal Student Loans," by Kelly Field (The Chronicle of Higher Education)

Money Quote: "President Obama's budget for the 2014 fiscal year, due out on Wednesday, is expected to propose moving to market-based interest rates o federal student loans."