«If you're uninsured or underinsured, you can run up a
huge debt in a short period of time,» says Lois Lupica, a bankruptcy expert and Maine
Law Foundation Professor of
Law at the University of Maine
School of
Law.
Law schools are confronting an unholy Trinity of factors: (1) huge student debt (the national average — not including undergraduate obligations — is $ 120K); (2) abysmal post-graduation employment rates (nationally, almost half of law school products do not have jobs requiring legal licensure nine months after graduating); and (3) an absence of skills required for the legal marketplace (and this is coupled with the decline of mentorship / on - the - job trainin
Law schools are confronting an unholy Trinity of factors: (1)
huge student
debt (the national average — not including undergraduate obligations — is $ 120K); (2) abysmal post-graduation employment rates (nationally, almost half of
law school products do not have jobs requiring legal licensure nine months after graduating); and (3) an absence of skills required for the legal marketplace (and this is coupled with the decline of mentorship / on - the - job trainin
law school products do not have jobs requiring legal licensure nine months after graduating); and (3) an absence of skills required for the legal marketplace (and this is coupled with the decline of mentorship / on - the - job training).