Saturday, September 20, 2014

Fourth Tier Trash Heap Thomas Jefferson School of Law Defaults on $133 Million in Bonds

Truly Great News!: On September 16, 2014, Staci Zaretsky posted an epic ATL article, which was entitled “Troubled Law School Defaults On Its Bonds, May Be Forced To Cease Operations.” Look at this scintillating opening:

“While it’s true that things have been spiraling downwards for law schools since the Great Recession, it wasn’t until 2011 that things really got out of hand. That was when the very first class action lawsuit about deceptive employment statistics was filed against the Thomas Jefferson School of Law. Little did we know that it would prove to be a harbinger of doom for the school.

About a year ago, we brought our readers the sad news that TJSL had conducted faculty and staff layoffs in an effort to free up funds. Not only had it suffered a blow to its enrollment, but it was also struggling to pay off the $133 million debt it accumulated after opening its new campus building in 2011.

To make matters infinitely worse, in December 2013, Standard and Poor’s released news that it had downgraded the credit ratings of a slew of stand-alone law schools. TJSL was one of the downtrodden schools whose credit standing was downgraded to B+, junk bond status with a negative outlook.

Now, we’ve got news that could have disastrous effects for the law school. It seems that TJSL has defaulted on its bonds, and it may be unable to remain in operation due to its financial predicament…

Today, we received an Event Filing and Consent and Forbearance Agreement concerning TJSL’s bonds. Per the filing, TJSL defaulted on its bonds on June 26, 2014, by failing to make the required payments.” [Emphasis mine]

As you can see, the law school pigs believed that good times – for them, not the students – would never end. This is why the cockroaches engaged in a ridiculous spending spree. Check out this fancy law building the bastards purchased.

Third Mo$TTTT Impre$$ive Law School Building in the Country: Hell, as recently as August 5, 2014, the pile of raw sewage was thrilled to announce that “TJSL Ranks #3 of Most Impressive Law School Buildings by Best Choice Schools.” From the press release:

“Best Choice Schools, a site dedicated to providing relevant information about educational institutions, has included Thomas Jefferson School of Law among the 50 Most Impressive Law School Buildings in the World. Thomas Jefferson School of Law was ranked third and achieved the highest rank of any U.S. school.”

No one gives a damn whether the law building is seen as a jewel – if you can’t find a job after graduating from this fourth tier pile of excrement. The toilet spent a fortune on this project – and now the day of reckoning approaches.

Standard & Poor’s Wipes Its Ass With TJ$L: The Wall Street Journal provided a link to the Standard & Poor’s Ratings Services report noted above. On page 9 of this PDF, read the following:

Thomas Jefferson School of Law, Calif. Countering the overall trend, Thomas Jefferson School of Law (B+/Negative) had expanded enrollment until a slight decline for fall 2013 and has historically generated positive operations on a full-accrual basis. However, operating surpluses have not boosted financial resources fast enough and, as a result, the law school has violated its balance sheet covenants for fiscal 2012 and fiscal 2013. Management does not anticipate meeting the financial covenants until 2018; violation of the covenants cannot result in an acceleration of the debt, however. We believe the law school's large amount of debt and very high debt service, which resulted from the construction of a new facility that the school put into service during 2011, are credit weaknesses. In our opinion, there is also enrollment risk given the declining number of law students nationally and recent weakness in headcount that will likely compress operating margins, particularly since the school has no track record of fundraising.” [Emphasis mine]

Yes, what a pre$TTTTigiou$ in$TTTTiTTTTuTTTTion, huh?!?! You’re welcome, bitches! You grew fat and happy on the corpses of young people. Now, you are reaping what you sowed, you vile rodents.

Other Coverage: Paul Caron published an entry labeled “Thomas Jefferson Law School Defaults on $133m of Junk Bonds, Hopes to Restructure Debt and Remain Open” – back on September 17, 2014. Read this gem:

“Thomas Jefferson's students have the lowest bar exam pass rate (50%) among California's 21 ABA-accredited law schools; the second-fewest full-time, long-term jobs as lawyers (29%) within nine months of graduation among California's 21 ABA-accredited law schools; and the most law school debt ($180,665) among the nation's 200 law schools. Thomas Jefferson's latest available Form 990 lists the Dean's total compensation as $528,430 and nine other faculty and [adminstrators] with total compensation in excess of $175,000.” [Emphasis mine]

For $ome rea$on, the filthy swine insist on HUGE, unjustified salaries – even as enrollment drops. But they care about the students, right?!?!

Conclusion: TTTThoma$ Jeffer$on Sewer of Law is on the ropes. Let’s put these pigs’ faces, snouts and asses in the dirt! Keep the heat on these bastards, and don’t allow them to recover. California has a monumentally GLUTTED lawyer job market. As Caron noted in his blog, this dung heap’s grads have the lowest bar passage rate of California’s 21 ABA-accredited diploma mills. How many thousands of young men and women have been FINANCIALLY RAPED by this commode?! Now, it is time for the cockroaches to burn to a crisp.

Tuesday, September 16, 2014

First Tier Corn-Filled Excrement: Cornell University Law School

Tuition: If you are eating breakfast right now, make sure to turn away before reading the following figure. Full-time law students at Cornell will be charged $59,360 in tuition, for the 2014-2015 school year! That is a ridiculous sum. This does not count fees. Keep in mind that this is the third best law school in New York.

Estimated Cost of Attendance: On this same page, the pigs list additional expenses at $20,069 – including student fees. This brings the published COA to $79,429. What a bargain, huh?!?! Does this come with weekly massages, the NFL Sunday Ticket, and free season admission to Yankee Stadium?

Don’t forget that ABA-accredited diploma mills base living costs on the academic calendar. Seeing that actual law students will require expenses over the full year – and not nine months – we will prorate the following items: room and board; and personal/travel. For the purpose of this calculation, health insurance will remain unaffected. Although, students who use this will likely incur co-pays and out of pocket costs. Hopefully, the coverage lasts for the full 12 months.

After making the adjustments noted above, the more accurate, estimated COA – for one damn year of law school at Cornell Univer$ity – is $84,846! Who doesn’t have that money in their couch cushions?!?! If this sickening amount doesn’t strike you as outrageous, then you wouldn’t get upset if a stranger walked up to you – and kicked you square in the nuts.

Ranking: According to US “News” & World Report, Cornell Univer$ity Law $chool is rated as the 13th best law school in the country. It shares this distinction with Georgetown University Law Cesspool. At these prices, this is still a ripoff – for the student. The “professors” and administrators likely feel that this cost is a great deal for pupils.

Employment Placement Statistics: On the right hand side of this page, you will see a chart for the Class of 2013. Based on this info, there were 193 members of this cohort. Of this total, 178 found jobs within nine months of graduation. Four JDs were enrolled in another advanced degree program, while eight others were unemployed – and three did not provide their status to the school. This leads to a published placement rate of 93.7 percent, i.e. 178/190.

You might see this as a great outlook, even for the 13th “greatest” diploma mill in the U.S. However, scroll down to the next section. You will note that 16 members of this class were in law school or university funded positions. If you were to remove these posts, then the placement rate would be a mere 85.3%, i.e. 162/190. Let that sink in, for a moment. Why in the hell would you enroll in this supposedly “elite” law school, for such pedestrian job prospects?!?!

Under Employment Type, the school claims that 22 men and women landed federal court clerkships. A total of 95 grads ended up in law firms of more than 500 attorneys. Roughly half of the students in this group found the type of work that they likely sought when they enrolled in this school.

Average Law Student Indebtedness: On March 11, 2014, Matt Leichter published an entry labeled “Record 14 Law Schools Didn’t Report 2013 Graduate Debt to U.S. News.” Cornell is the only Ivy League school that did not provide this number to USN&WR. It joins garbage in$TTTTiTTTTuTTTTion$ such as Cooley, Arizona Summit, Touro, Appalachian and La Verne, on this ignonimous list.

Leichter furnished the last reported average JD debt levels for these 14 toilets. The amount for Cornell University is listed as $140,000. Again, this is not the most recent cohort. Plus, the amount does not include debt from undergrad – and it does calculate interest while the student is enrolled.

Conclusion: This law school does not have enough integrity to list average law student indebtedness to a defunct magazine that ranks it in the top 14 institutions, every single year! Apparently, they don’t want prospective students to focus on debt figures. In sum, if you attend this school, then you NEED to land an article III clerkship and Biglaw – in order to have a shot at making this bet pay off for you.

Lastly, Biglaw positions tend to be fleeting. If you do not produce a big-ass book of business quickly, then you will be shown the door within a few years. Do you suppose that you will then be in high demand by other firms or government agencies?!?! Those employers will assume that you are a loser. As David Segal noted in his epic New York Times piece, “Is Law School a Losing Game?” - from January 8, 2011 - “law school is a pie-eating contest where first prize is more pie.”

By the way, you can watch a faculty pie-eating contest by the Cornell University Law School swine, via this hyperlink. As you can see, these pigs have no shame. They get paid up front, in full – while the students are left holding the gigantic bag of NON-DISCHARGEABLE debt. Too bad someone didn’t stick an apple in their snouts – and shove a wooden stake up their portly asses.

Thursday, September 11, 2014

UNLV William S. Boyd School of Law Pigs Facing a $3 Million Budget Shortfall

The Swine Need More Money!: On September 1, 2014, the Las Vegas Review-Journal published a Bethany Barnes piece entitled “Financial stresses challenge UNLV law school.” Look at this opening:

“In a state with few higher education bragging rights, UNLV’s law school stands out.

The law school is ranked among the top 100 by U.S. ["News"] and World Report and its graduates are in demand locally, with students doing well on the state bar exam.

But the school’s success could plummet quickly if something isn’t done about the gap in its budget.

Law schools nationally are seeing lower enrollment. UNLV’s 16-year-old William S. Boyd School of Law is no exception.

The school once saw 150 students enrolling every year; the new norm is 110-115. The result: A $3 million shortfall.” [Emphasis mine]

Yes, being ranked in the top 100 ABA-accredited diploma mills is a real cause for celebration, right?!?! By the way, USN&WR rates this public toilet as the 83rd greatest, most fantastic and mesmerizing law school in the entire country. Could you imagine medical schools making such much noise about being mediocre?

The author then continued:

“The University of Nevada Board of Regents is asking for $1.5 million in state funds to help the law school adjust to the economic reality.

The rest of the loss likely will be absorbed through cost cutting, a tuition hike, philanthropy and new programs.

It’s a critical time for the school. The request for additional state funds easily could not survive the legislative process, especially when several big-ticket projects for higher education, such as a medical school for UNLV, also are looking for state funds.” [Emphasis mine]

Does anyone with an IQ above 75 think that pissing away an additional $1.5 million on a middling, trifling law school would be a good use of state taxpayer funds?!?! If these “professors” and deans want to be businessmen, then let the bastards sink or swim on their own acumen.

Other Coverage: On September 2, 2014, Las Vegas CBS affiliate KXNT featured a story labeled “UNLV Law School Facing $3 Million Deficit.” Read the following excerpt:

“Nevada university regents are asking the state for $1.5 million to fill half of a projected $3 million budget deficit at the William S. Boyd School of Law at the University of Nevada, Las Vegas.

The Las Vegas Review-Journal reports that administrators blame the shortfall on an enrollment decrease from about 150 students per year to 115.

Officials say enrollment is down at law schools around the nation.

The dean at Boyd, Daniel Hamilton, says cost-cutting, private donations and programs like an international recruitment push could help make up the other half of the shortfall.” [Emphasis mine]

If Cockroach Hamilton is so sure about his ability to save or raise $1.5 million, then why not make the bastard come up with the full amount of the shortfall?!?! In the real world, if you cannot manage your books, then you go out of business. Of course, these “educators” don’t understand such basic concepts.

The National Jurist posted a staff article on this topic, on September 5, 2014. The piece was titled “UNLV asks taxpayers to make up $1.5M budget shortfall.” Check out the conclusion:

“The university has plans to increase tuition by 4 percent each year for the next two years.

The university is also seeking private donations and cutting costs to help fill the void. [I]t has implemented a hiring freeze and planned phased-out retirements of faculty. It is also considering voluntary buyouts for faculty.” [Emphasis mine]

Enjoy “early retirement,” bitches! Maybe you academic hacks can serve as valet parking attendants at one of Steve Wynn’s casinos. At least then, you would be doing something useful.

Conclusion: The pigs suck on the public teat for all of their nutrients, and then the vile beasts demand more milk! Then again, what the hell do you expect? The academic parasites have no shame, decency or honor. Seeing that they will get the funds, taxpayers should at least require that the law school swine bathe in excrement – in return for the money.

In a just world, the state would tell these dung beetles to go to hell. Make every filthy member of the faculty donate a portion of their bloated salaries, in order to cover the cost overruns. My guess is that these “scholars” would not go for that idea. After all, in their sick minds, the citizens who had nothing to do with the budget deficit should have their pockets picked further.

Sunday, September 7, 2014

Suffolk University Law School Pigs Up Against the Ropes

The Commode’s Buyout Offer: On August 30, 2014, Paul Caron posted an excellent piece entitled “Suffolk Law School Offers Buyouts to All Of Its Tenured Faculty.” Here is the entire text of that entry:

“Following up on last month's post, Boston Law Schools Shrink Enrollments, Faculties: Boston Globe, Suffolk University Abruptly Replaces President:

Just days before the start of the new school year, Suffolk University Wednesday abruptly replaced president James McCarthy with a year remaining on his contract, and tapped a veteran educator with a reputation for turning around struggling colleges to serve as interim leader. At an afternoon meeting, the university’s board of trustees voted unanimously to appoint Norman R. Smith, 68, who is best known for his tenure at Wagner College in New York City, where he led a small school on the brink of closing to new prominence.. ...

Given the general decline in law school enrollment, Smith said he would expect to take a “quality over quantity” approach in assembling new classes. “I don’t think there’s growth there,” he said, referring to enrollment. ...

The unexpected change in leadership comes as Suffolk seeks to stabilize its finances and attract students in the college-dense region. Facing a decline in enrollment and revenue, the university announced in June it would freeze employee salaries for the next fiscal year.
It also offered buyouts to all law school faculty members with tenure or renewable long-term contracts.

This spring, the university came under fire for requiring tenured faculty to undergo performance reviews, a shift that critics said would undermine academic freedom....

University officials, however, defended the school’s financial standing Wednesday, noting that the endowment has grown by 52 percent since 2011, and its operating surplus has increased. ... Meyer said Suffolk is on solid financial footing, but that Smith keenly understands the difficulties facing tuition-dependent schools with modest endowments.” [Emphasis mine]

Yes, ABA-accredited trash pits on solid financial ground typically offer buyout deals to every single member of their faculty, right?!?! When you read such statements from school officials, you can see why no one trusts these thoroughly dishonest bastards.

Other Coverage: On August 31, 2014, the Law School Truth Center featured a brilliant article labeled “Suffolk Latest Victim of Applicant Selfishness.” Focus on the conclusion below:

“See what you little mutinous charlatans have done? You've made Suffolk go out and bring in a 68-year old to clean up things and you've made him lose faith in law school enrollment.

For years, Suffolk could bank on a nice crop of incoming 0Ls to plop 35, 40, 45, 50k into the bank. Now, because the lemmings have completely abnegated their role in the circle of life, Suffolk is offering buyouts to people who have jobs waiting at Ropes & Gray and freezing salaries.
Karma's a bitch, Boston-area lemmings. When you've had a long and prosperous career and you decide to kick back, take it easy, and saddle the next generation with beautiful amounts of non-dischargable debt to fund your lifestyle choices (which may or may not be described as "drug dependent with women of large endowments"), don't expect any cooperation from the applicant pool.” [Emphasis mine]

It’s great to see that scambloggers and other critics of “legal education” have helped prevent untold numbers of young people from ruining their lives. We have simply provided potential law students with better information. In contrast to the law schools, we are not paid to rip off applicants and matriculants.

Prior Administrative Gluttony: According to this Boston Globe piece from November 17, 2008, Suffolk paid its “president” $2.8 million in total compensation – for 2006-2007!  Peter Schworm’s article was headlined “Suffolk's Sargent tops pay scale for college presidents.” The sick, vile pig named David Sargent was also a “law professor” at the festering toilet, at the time.

The University’s Finances: In order to see how well this “non-profit, institution of higher learning” is doing, we head to the 2012 Form 990 for Employer ID No. 04-2133255. On lines 20-22 of page one of this PDF, you will see the financial data for the “university.” Total end of year assets reached $624,270,970. This amount was offset by $395,925,017 in total end of year liabilities, which led to total net assets of $228,345,953 – as of June 30, 2012. This figure is nearly $12 million more than for the year prior. However, it seems that the law school is no longer bringing in serious cash to the larger universiTTTy.

Conclusion: Avoid this stench pit as you would an HIV-infected prostitute. You will not be served well by incurring an additional $140K in NON-DISCHARGEABLE debt - for a TTT law degree. Based on the Law Student Indebtedness rankings from US “News” & World Report, the average victim from the Suffolk JD Class of 2013 took on $123,000 in student loans – and this figure does not take accrued interest into account. Nor does it include debt from undergrad.

By the way, USN&WR also rates $uffolk Univer$iTTTTy Law Sewer as a FOURTH TIER PIECE OF TRASH. Do you still want to play roulette with your future, Dumbass?!?! If you attend this garbage heap, then keep the following in mind: (a) the Northeast U.S. is FLOODED with lawyers; (b) you will need to land a Biglaw position, in order to justify the immense costs of admission; and (c) you essentially have no shot in hell, when competing against graduates from Harvard, Boston University, Boston College, Yale, NYU, Columbia and Cornell – for federal clerkships and Biglaw posts.

Tuesday, September 2, 2014

Fourth Tier Corroded Waste: California Western School of Law

Tuition: The pigs list tuition on a per semester basis. Plus, the bitches and hags do not list the rate for the current school year, on this page. However, full-time students at this dung heap were slapped with $44,700 in tuition – for the 2013-2014 academic year. Part-time victims were “only” charged $31,300 in tuition, for 2013-2014.

Total Estimated Cost of Attendance: On this page, the toilet lists full-time tuition for 2014-2015 as $45,800. Those attending on a part-time basis will only pay $32,000 this school year. The jackals estimate that other costs will add up to $24,128. As such, the total COA for full-time students is $69,928.

Keep in mind that the bitches and hags at ABA-accredited diploma mills base living expenses off a nine month academic calendar. In fact, the rodents at California We$TTTTern Sewer of Law explicitly state that their estimate is “per 8-month academic year.” Seeing that actual students will require costs over the full year, we will prorate the following items: room and board; transportation; and miscellaneous. Doing so, we reach a more accurate, estimated COA of $81,267 – for one damn year of law school at this commode! We are talking about a single year at a fourth tier garbage can.

Ranking: Based on these ridiculous costs listed above, one would expect this school to have an excellent reputation, correct?!?! According to US “News” & World Report, California We$TTTTern Sewer of Law is a FOURTH TIER TRASH PIT! No one cares if you spent three years in sunny San Diego, if you cannot find a decent job afterward.

Published Employment Placement Figures: On this page, head to the section for Class of 2013. Click on the link for the ABA Summary Report for this unfortunate group. According to the Employment Summary for 2013 graduates of this dump, there were 281 members of this TTTT cohort. Yes, the school really looks out for their students, right?!?!

Of this total, 162 were employed – in some capacity – within nine months of graduation. The festering stink pit states that job status was known for everyone in this class. This translates to a “placement” rate of 57.65 percent. You read that correctly, people. Fully 100 members of this cohort were unemployed and seeking, while 14 men and women were out of work but not looking. Four souls were pursuing another graduate degree full time, and one person had their start date deferred.

When you dig a little deeper, you quickly realize that the numbers are even more pathetic. For instance, of the 123 grads employed in jobs requiring bar passage, only 99 are in long-term, full-time positions. Eleven are working full-time in part-time positions, whereas three JDs are in part-time, long-term posts and 10 more are in garbage jobs that are short-term and part-time.

In fact, overall only 124 graduates from the California Western “School” of Law found long-term, full-time employment within nine months of receiving their law degrees. This equals 44.1% of the entire class. Who wouldn’t want to piss away their future, i.e. accumulate ludicrous amounts of NON-DISCHARGEABLE debt, for such outcomes?!?!

Under Employment Type, you will notice that 90 JDs from this group found jobs in law firms. Of that figure, 11 were desperate solos and another 69 went to work for offices of 2-10 attorneys. In stark contrast, one damn person was employed by a firm with 101-250 lawyers - and one more was hired by an office with more than 500 attorneys. Hell, two graduates from the Class of 2013 landed federal court clerkships.  Apparently, the American Bar Association cockroaches are not too embarrassed to accredit this piece of trash.

Average Law Student Indebtedness: USN&WR lists the average law student indebtedness - for those members of the California We$TTTTern JD Class of 2013 who incurred debt for law school - as $157,748. To put this into perspective for you lemmings, this is the FOURTH HIGHEST debt total on the chart. Plus, this figure seems low, when you take the annual cost of attendance into account. In addition, fully 90 percent of this vile dung heap’s 2013 cohort took on such toxic debt. Remember that this figure does not include undergraduate debt – and also does not take accrued interest into account, while the student is enrolled.

Conclusion: Do not even consider attending this atrocious pile of filthy excrement. If you are still contemplating this school, then ask yourself the following: How will you be served by incurring an additional $170K-$240K in NON-DISCHARGEABLE debt for a TTTT law degree – while looking for legal employment in the SECOND MOST GLUTTED lawyer job market in the entire country?  Don't forget that the published “placement” rate for the toilet’s Class of 2013 was 57.65% - and that includes legal, non-law, part-time, full-time, short term and long term jobs.

If you are enrolled in this commode, then you deserve your fate. I do not excuse the academic thieves for their conduct. However, you know the odds when you attend a fourth tier sewage pit. Do not complain later that you were scammed by the law school pigs. The message has been out for years, dumbass. At this point in time, only those who are wealthy, extremely connected or privileged should go to law school. Everyone else is playing roulette – with their lives.

Tuesday, August 26, 2014

Paul Campos Flushes Florida Coastal School of Law Down the Drain

An Epic Slapdown: On August 13, 2014, the Atlantic published a Paul Campos piece simply entitled “The Law-School Scam.” He comes out swinging against InfiLaw. Check out this excerpt:

“From the perspective of graduates who can’t pay back their loans, however, this dream is very much a nightmare. Indeed, it’s easy to make the case that these students wind up in far worse shape than defaulting homeowners do, thanks to two other differences between subprime mortgages and educational loans. First, educational debt, unlike mortgages, can almost never be discharged in bankruptcy, and will continue to follow borrowers throughout their adult lives. And second, mortgages are collateralized by an asset—that is, a house—that usually retains significant value. By contrast, anecdotal evidence suggests that many law degrees that do not lead to legal careers have a negative value, because most employers outside the legal profession don’t like to hire failed lawyers.

How much debt do graduates of the three InfiLaw schools incur? The numbers are startling. According to data from the schools themselves, more than 90 percent of the 1,191 students who graduated from InfiLaw schools in 2013 carried educational debt, with a median amount, by my calculation, of approximately $204,000, when accounting for interest accrued within six months of graduation—meaning that a single year’s graduating class from these three schools was likely carrying about a quarter of a billion dollars of high-interest, non-dischargeable, taxpayer-backed debt.

And what sort of employment outcomes are these staggering debt totals producing? According to mandatory reports that the schools filed with the ABA, of those 1,191 InfiLaw graduates, 270—nearly one-quarter—were unemployed in February of this year, nine months after graduation. And even this figure is, as a practical matter, an understatement: approximately one in eight of their putatively employed graduates were in temporary jobs created by the schools and usually funded by tuition from current students. InfiLaw is not alone in this practice: many law schools design the brief tenure of such “jobs” to coincide precisely with the ABA’s nine-month employment-status reporting deadline. In essence, the schools are requiring current students to fund temporary jobs for new graduates in order to produce deceptive employment rates that will entice potential future students to enroll. (InfiLaw argues that these jobs have “proven to be an effective springboard for unemployed graduates to gain experience and secure long-term employment.”)” [Emphasis mine]

Do you still want to attend this for-profit trash pit, Lemming?!?! If so, then I suggest that you do the following: go to the nearest payday predatory lender, pull out $2,000 in cash, and give me that money – so I can kick you square in the nuts. It will be a much better “investment in yourself,” dumbass. At least, the pain will be temporary – and you will not be FINANCIALLY RUINED for life.

Other Coverage: On August 18, 2014, the Florida Times-Union posted a piece from Andrew Pantazi, under the headline “The Atlantic essay accuses Florida Coastal School of Law of overcharging tuition, providing poor education.” Look at this opening:

“Florida Coastal School of Law is accepting too many students, saddling them with too much debt but not enough jobs, argued a scathing essay published last week in The Atlantic magazine.

But the school’s top administration said Monday the 5000-word essay wasn’t fair or true, saying the author, University of Colorado law professor Paul Campos, didn’t rely on accurate data.”

For $ome rea$on, the bitches and hags do not even attempt to show how Campos relied on inaccurate information. If the for-profit dung beetles who operate this toilet cannot muster a tepid defense, then imagine the type of “education” that the students are receiving at this stench pit.

Now, scroll down to the author’s conclusion:

“The world of for-profit law schools, Campos wrote, “is one in which schools accredited by the American Bar Association admit large numbers of severely underqualified students; these students in turn take out hundreds of millions of dollars in loans annually, much of which they will never be able to repay. Eventually, federal taxpayers will be stuck with the tab, even as the schools themselves continue to reap enormous profits.” [Emphasis mine]

Idiot Pantazi seems to take the vultures at their word. I wouldn’t be surprised if the PR hacks wrote the first draft of the article, and then proceeded to stuff their hand up Pantazi’s ass.

Conclusion: In the final analysis, the law school pigs are lower than whale excrement. These bastards DO NOT GIVE ONE DAMN about their students or recent graduates. To them, these young men and women are mere marks to be exploited. After all, the “professors” are not going to be hired by federal agencies or law firms. Do you think – for one second – that managing partners will take these “scholars” seriously as job candidates?!?!

In the real world, one needs to perform more than 6-10 hours of labor per week. Furthermore, writing non-peer reviewed articles in obscure journals and bloviating on the effect of wheat production on the Commerce Clause is not considered “work.” This is the equivalent of a toddler scribbling over a picture with crayon. A parent might hang this on the fridge, but mostly to be kind or because the child is starting to develop fine motor skills. No one would pay for this product, and the same goes for idiotic law review pieces.

Tuesday, August 19, 2014

Fourth Tier Thomas M. Cooley Law School Will Undergo Massive Cuts to Faculty, Even After a Name Change

Five years ago today, I posted my first blog entry regarding the law school scam. Now, after 406 posts and over 3 million page views, I am proud to see that this site has helped cause a large decrease in U.S. law school enrollment. It has been great to be part of such a just cause and noble movement. After seeing the following development – featuring the laughingstock of American “legal education” – I am leaning towards winding this blog down in the next few months.

In the last year, my physical health had declined, and I have worked extremely hard to get back on track. I also recently received good news, regarding a biopsy. However, maintaining this site has become a chore. I realize that I need to focus more on things that are truly important. If I decide to stop blogging on this topic, then I need you guys to continue the fight. Get off your asses and expose this filthy, vile industry and the swine involved – since they have collectively and willingly destroyed so many lives, for their own personal gain. Thank you for your support, and for informing others about this scam.

Excellent News: The Lansing City Pulse published a Belinda Thurston piece entitled “Cooley right-sizing” – on August 15, 2014. Take a look at this opening:

“Western Michigan University Thomas M. Cooley Law School is delivering pink slips to faculty and staff in all of its Michigan campuses.

Sources in Lansing who are being laid off say the cuts are deep, upwards of 50 percent, according to one. Another said the impact could be as high as 70 percent. A Cooley spokesman disputed the amount, but said he did not have numbers.” [Emphasis mine]

When you shed light on a nest of cockroaches, the bastards scatter to dark corners. These parasites simply cannot handle the truth – as their entire “business model” relies on lying to potential applicants, publishing misleading employment figures, and making baseless claims as to the future of the U.S. lawyer job market.

Other Coverage: On August 15, 2014, Staci Zaretsky posted an ATL piece labeled “Large-Scale Layoffs Come to Cooley.” Check out the following portion:

“Since last week, we’ve received various tips from readers concerning faculty and staff layoffs at Cooley Law. On August 8, a tipster told us that the Lansing campus suffered a major blow. On August 11, another tipster informed us that Cooley was “laying off tons of professors and staff from its main campus.”

Now, the story has made the local news, with sources saying “the cuts are deep, upwards of 50 percent” of Cooley’s faculty of 271 law professors. One angry professor had this to say to the Lansing City Pulse:

“We have non-disparagement and confidentiality clauses upon which our severance packages hinge so I cannot say anything on the record and very little off the record other than to confirm that the cuts to faculty and staff are significant and I am among those in that category,” shared one faculty member, who spoke under condition of anonymity. “Plus I am really, really pissed.”

The source continued: “I was notified last week. My last day is August 31 … I honestly don’t know if they are done. If enrollment continues to decline then maybe not.” [Emphasis mine]

You’re welcome, Bitch! Of course, you as an academic leech feel entitled to FINANCIALLY RUINING people for life – and getting fat off of the federally-backed student loan system. Seeing that you “sacrificed” to teach, you should have no trouble landing a job as a Biglaw hiring partner.

Now, scroll down to the author’s conclusion:

" [Senior counsel to the toilet, James] Robb says that the school regrets having to go through this “painful but necessary” process, but all Cooley is trying to do is put itself in a better position to teach the would-be lawyers of America. We suppose that the key word there is “would-be,” as only 26.9 percent of last year’s class found full-time jobs as lawyers nine months after graduation. At least they got an “outstanding education” as a consolation prize.

As for the many, many law professors who are losing their jobs thanks to Cooley Law’s financial predicament, we’re sure they’ll be pleased to know that the Cooley Law School Stadium, home of the Lansing Lugnuts, will not be impacted. After all, we hear concessions sales is a “J.D. Advantage” job." [Emphasis mine]

Perhaps, these academic thieves can work the concessions stands and charge $25 for one beer and $12 for a stale hot dog. Then again, the fans in the stands would likely string them up by their hooves and beat them senseless.

What a Difference a Year Makes: Hell, on August 18, 2013, Don LeDuc – dean and “president” of this FOURTH TIER TRASH PIT – claimed that Thomas M. Cooley Law Sewer was in great financial shape. That was a mere one year and two days ago!

Conclusion: We have played a central role in the decline in overall law school enrollment. This is quite an achievement. Think about that for a moment: a few dozen, highly-committed individuals beat down a billion-dollar indu$try. We did so, armed with nothing more than the facts, truth, charts, graphs, industry statements, BLS data, and great writing and imagery. As a result of our collective work, MANY ABA-accredited schools are now laying off faculty members and staff. Others have had their bond ratings downgraded.

In the final analysis, these selfish “professors” and administrators behaved as though the numbers of students would never decrease. Dozens of law schools/diploma mills engaged in huge spending sprees – in order to construct “state of the art” law libraries and buildings. As such, many ABA schools are weighed down with the cost of these capital projects. Apparently, the law school pigs failed to recognize that the “higher education arms race” is futile. After all, when lower-ranked commodes increase their expenditures – for the purpose of increasing their ranking - the decent schools and the elite in$titution$ do the same damn thing.
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