Law schools in Ohio and around the Midwest face serious problems, and some may 'wither away,' says a Cleveland State University professor emeritus in a new paper.How many times do we have to say "million dollar degree" for these completely rational, thoroughly researched, and fact-backed viewpoints to be as eradicated as the Mexican grizzly bear!? Million dollar degree means million dollar degree. A million dollars in California, a million dollars in Florida, a million dollars in Cleveland. Million dollars. From your degree.
"The limited applicant base of the overall Great Lakes/Midwest area, coupled with a saturated employment and earnings market for lawyers compared to the costs of attending law school and career earnings expectations, means that many law schools in the region are in a 'survival of the fittest' mode," writes David Barnhizer, a professor emeritus at Cleveland-Marshall College of Law.
Economic depression in the rust belt? Million dollar degree. Static and aging population? Million dollar degree. Job saturation with no economic growth? Million dollar degree. Tightened governmental budgets? Million dollar degree. Top law jobs going to T14 and Ohio State graduates? Million dollar degree.
This thing's like Teflon, only better because it's backed by top-notch science from leading researchers on the avant garde of occupational statistical legerdemain. No matter what facts you throw out there, I can now counter "million dollar degree," with maybe a dash of "a law school only provides you the education; what matters it what you do with it." You have no counter-move, only capitulation to Truth, which beats "truth" like long-term economic trends or labor market realities.
Also, I'll remind you that it's scientifically useless to time law school. At the same time, I'm going to tell you with a straight face that now is an abnormally great time to go to law school. Buy now!