Law School Bubble

Many college-bound kids begin their young lives striving for degrees in professional, prestigious areas such as medicine, law, and engineering — and upon graduation, they find themselves staring down the barrel of thousands of dollars in debt over federal and private college loans that will take them years to repay.  In some cases, these loans amount to hundreds of thousands of dollars, and over a lifetime students find they are unable to repay them all.   Students often justify themselves in these choices based on anticipated income from their jobs, which is fine if you go into an industry that has high demand.  

Currently, there is evidence of a law school bubble;  what this means is that there are more law students graduating than there are jobs for law school graduates.  It does not take a lot of thought to understand why this is problematic.  If you want more information about the bubble and financial news in general, tune into your favorite satellite television news stations from dish2u.com.  Here, enjoy the infographic below which outlines the trouble law students may have:

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