Hef: More Pervy Than I Thought
Don't go to grad school. Don't go to law school. Forget about being a doctor with all that insurance. So, what are all those Type A kids going to do?
Josh Grobin sings Kanye West's tweets.
4 thoughts on “Spreadin’ Love 502”
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Apt. 11d 
Parapundit suggests a tax surcharge on well-educated people who aren’t making enough: http://www.parapundit.com/archives/007797.html. I actually think it kind of exists, in the form of huge student loans to pay back.
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I think law school has been a bad idea for a long time, way before this recession. The number of graduates getting big firm jobs was always few and far between. And there is so little time left for life outside of work.
I was so fortunate to graduate without law school loans — my government jobs could barely cover my rent and food.
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I think there’s no path that one can choose at 18 or 21 that will ensure a good, high-paying, secure job. All jobs will require continued risk taking and “entrprenuership.”
I think there are people who are still learning that the risks of all three of these professions, which used to have pretty pre-determined paths to a well-paid, prestigious, and secure job are changing.
Academics is stretching out the pace to tenure to the point where most who enter will not get tenure and the permanent position that was the prominent perk of academia; law is becoming more risky, with high-profile law firm jobs becoming difficult to get and more difficult to keep; medicine is fighting to keep from being transformed by insurance/government.
Law, at least, though, has gotten way more remunerative than it used to be — partners at law firms now make 10X what government/academic/judicial system lawyers make (that ratio used to be 2 & 3). Those jobs are still available. They just don’t justify taking on 200K in debt (a level sustained by the dream of the 900K job).
I don’t think the answer is that you shouldn’t go to grad school or law school, but that you should not take on significant debt to do so. Med school — well, the times are changing, but at this instant, it’s probably that you can still pay your bills with the salary (and perks).
But, I know plenty of lawyers who had no problem covering rent & food with their government/legal aid/not-for-profit salaries.
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I’m keeping my fingers crossed that M goes to vet school. She has bigger ambitions: she wants to be Jack Hanna, basically–without the appearances on Letterman.
Sara
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