Here’s a side note that seems grotesquely unfair. There’s something called moral fitness and character application u need to pass to get licensed to be an atty. in Ohio a student failed that test because his job plan didn’t involve making enough money to service his huge debt.
As if he had turned down the big bucks job for the low paying one!!!
the debt loads are truly staggering. i know young people carrying in excess of a 200k in student loan debt. who may have a hard time finding a 50,000/yr job.
keep in mind that this debt is NONDISCHARGEABLE in bankruptcy. it is there forever, till you die.
any kid who applies to law school and pays sticker price (around 50,000/yr at many schools) and borrows to live is truly not thinking about the reality of it all.
on the other hand, i can remember borrowing a big chunk of change and being told i was an idiot.
it’s wrong to lend young people this much money,s since they are thinking, hell, they wouldn’t lend it to me if things generally don’t work out for people…
and I have nothing now anyway, so what the hell!
it truly creeps me out.
just checked; tuition at my school is 3x what it was when i started. golly.