More Scary News for those Applying to Law Schools
David Segal published a piece at the New York Times today that started with this sentence: "IF there is ever a class in how to remain calm while trapped beneath $250,000 in loans, Michael Wallerstein ought to teach it." Guess how this Mr. Wallerstein ended up in such financial woes: bad stock investments, subprime housing, or toxic mutual funds? No. He went to three years of law school and now has no employment prospects.