Law schools: Still hiding the sad truth from students?
"Law schools are coming under scrutiny like never before -- and for good reason," reports CNN Money. "According to a new analysis from nonprofit research group Law School Transparency, almost 80% of nearly 200 accredited legal institutions offer incomplete, inaccurate, or even misleading job placement information on their school websites. As tuition has climbed but legal jobs have evaporated, American law schools are being taken to task on the grounds that they have not been forthcoming about graduates' financial burdens and employment prospects. Such misrepresentations have led students to believe that substantial loans will be offset by a steady five- or six-figure annual salary. In fact, jobs requiring a law degree are scarce in many parts of the country, compared to the number of law graduates out there, and swaths of students in recent years have plunged into major debt, casting a shadow on the viability of the legal profession. To be sure, college seniors and recent graduates are also dealing with mounting debt and fleeting job prospects, but law school has always had a special resonance as an all-but-sure ladder to the middle class (and beyond)."
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