Wednesday, January 11, 2017

Charleston and Florida Coastal Grads Showered with Golden Salaries

Some fine citizen has directed me to the Department of Education's list of schools that failed the so-called (more like fraudulently called) "gainful employment" rule in the multitude of comments on the last post.

Both Florida Coastal and Charleston School of Law make the list, but it is clear that the compiler is clinically insane, given that programs from Harvard and Johns Hopkins also made the list.

Most importantly, however, is that Florida Coastal and Charleston graduates have the highest median earnings among the hundreds of programs on the list.

In fact, both CSOL and Florida Coastal report salaries around the median incomes for residents of Florida and South Carolina.  And they dominate over these "scam" programs in cosmetology and barber-ology.  Both resulted in almost 20% greater earnings than the next closest program.

Clearly, those running this kangaroo evaluation have unfairly swept institutions that result in a good income and a fair lifestyle (second-shelf booze and lot lizard is still models 'n' bottles!) with scurrilous schools that result in a negative earnings premium.

So to the Department of Education, who already has thrown down the gauntlet at Charlotte Law, is having a go at Coastal and Charleston.  Next month, they'll find a way to bitch-slap Summit or Cooley, and then it's only a matter of time before Cal-Berkley and Georgetown and sweating an accreditation probation hearing. Slippery slopes are real, people.

Piss on the Department of Education - like someone should literally pay a bunch of hookers in a second-world country to spite-pee all over it.  Because, dear readers, if you stop the figurative golden shower of the law school earnings premium, you should get the golden shower of, well, a real figurative golden shower.

3 comments:

  1. That slippery slope has to end, as the rules apply only to for-profit institutions and non-degree programs at non-profit institutions. So Berkeley isn't in danger, whether it should be or not.

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  2. "and sweating" or "are sweating"?

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    Replies
    1. "are." The editor responsible for the gaffe has been terminated for the insolence.

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