Celebrating 10 years! 2007-2017

Go fund me for CSL kids

http://www.abajournal.com/news/arti cle/charlotte_school_of_l jdcumlaude01/31/17
This sort of thing really goes to show how deep the prejudic onehell02/07/17
I find it hard to believe that any CSL matriculant (or any p 3lol02/07/17
http://wfae.org/post/charlotte-scho ol-law-submits-plan-stay- jdcumlaude02/07/17
I severely doubt that, the Trump DOE is all for for-profit e dingbat02/07/17
According to their website, they have a plan in the works th onehell02/07/17
So many people have no other place to go. Political science jdcumlaude02/07/17
jdcumlaude (Jan 31, 2017 - 3:22 pm)

http://www.abajournal.com/news/article/charlotte_school_of_law_prof_seeks_donations_to_help_students_with_food_and

This is an update. the food drive has taken the form of a go-fund me. I find the comments by some of the contributors distressful, some almost make it sound like CSL is a victim.

I used to see it on a regular basis. It goes something like this..."I know law school is a scam, but MY law school prepared me for success"...and then they go back to checking the box marked "non-responsive" on their computer.

Reply Like (0)
onehell (Feb 7, 2017 - 12:50 pm)

This sort of thing really goes to show how deep the prejudice against "quitting" runs in America, and how badly average people do not understand the sunk cost fallacy.

Under DOE rules, if you can't complete your program, you can get you previously took out discharged. But you don't get that discharge if you take advantage of a teach-out program or transfer your credits to another school and finish there.

In other words, these kids could get a mulligan, but not if they're willing to throw good money after bad. So essentially, they're fighting to finish a degree that will leave them with no prospects and crippling debt. If they just let it go and let the school fail, they'd be far better off.

Reply Like (0)
3lol (Feb 7, 2017 - 1:03 pm)

I find it hard to believe that any CSL matriculant (or any private law school student, for that matter) can just come out of pocket with tens of thousands of dollars to pay tuition once the spigot gets turned off.

Reply Like (0)
jdcumlaude (Feb 7, 2017 - 1:10 pm)

http://wfae.org/post/charlotte-school-law-submits-plan-stay-open-through-2019

this is new

Seems like the plan is to close in two years, unless Trump admin reverses call made by DOE. I personally think it is more likely that after that "coding error", that grossly inflated repayment numbers, the Trump Doe is more than likely going to crack down hard.

Reply Like (0)
dingbat (Feb 7, 2017 - 1:38 pm)

I severely doubt that, the Trump DOE is all for for-profit education. Besides, Betsy will be too busy trying to fund religious schools and fending off first amendment lawsuits claiming she's violating the establishment clause to give a f*ck

Reply Like (0)
onehell (Feb 7, 2017 - 3:08 pm)

According to their website, they have a plan in the works that will facilitate students transferring to (oh god) Florida Coastal. They are also submitting "additional information" to DOE, probably in hopes they can at least get approval for some kind of teach-out type arrangement to grandfather some kids out of the shutoff. Also, they are working with private lenders to offer that option.

Point being, this school is going to do everything it can to convince these kids to finish, either at CSL or at somewhere similarly awful. Whatever they're offered, they will almost certainly be better off if they turn it down and go do something else, because doing so can lead to loan discharge.

This school shutting down could be the best thing that ever happened to them, as it would give them a second chance most kids at 4th tier law schools would kill for. But most of them either don't know about the closed school discharge rules or are so blinded by sunk costs that they will want to finish at any cost. Sad.

Reply Like (0)
jdcumlaude (Feb 7, 2017 - 1:06 pm)

So many people have no other place to go. Political science degrees psych degrees and so many other worthless sheets of paper printed out by institutions of higher education. Many go to law school simply to delay "the real world". Law school was the default for so many because the ruling propaganda was "everyone needs a lawyer".

Slowly the scam is being exposed, and the scammers are adjusting strategy. The law school which I attended now offers a 3:3 program...three years of liberal arts, you finish out your senior year as a 1L at the law school. It is a great twist on the scam. Get them in the building while they are panicked about not being able to use their useless undergrad degree. Then rely on the sunk cost fallacy to hold onto the bottom 50% of the class who will fund the alumni lunches for the surviving top 15%. All while making it look like a good deal to that 20 year old who is scared to death of "the real world"

Reply Like (0)
Post a message in this thread