Great job, Nathan and Jane, for noting that Times article on law-school fuzzy math. What is even more troubling in that piece is the story of the young individual with $250,000 of student-loan debt. This young man’s troubles are weaved throughout the article to emphasize the overselling of the J.D., and the last few paragraphs of the article are perhaps the most valuable:
Another of [his] techniques for remaining cool in a serious financial pickle: believe that the pickle might somehow disappear.
“Bank bailouts, company bailouts — I don’t know, we’re the generation of bailouts,” he says in a hallway during a break from his Peak Discovery job. “And like, this debt of mine is just sort of, it’s a little illusory. I feel like at some point, I’ll negotiate it away, or they won’t collect it.”
He gives a slight shrug and a smile as he heads back to work. “It could be worse,” he says. “It’s not like they can put me jail.”
Like a good steak, those comments stand up fine on their own. I don’t need to add anything.