The latest inspired offer comes to us from Pace. The Wall Street Journal calls it a "fire sale," which generally means the purchaser is getting a ridiculously good deal. Who are you to disagree with the Wall Street Journal?
Starting next academic year, qualifying students who enroll at Pace can earn a law degree at the tuition rate of their home-state public law school.On the surface, Pace is simply attempting to compete with the lowest sticker price option an applicant has. Will match competitor coupons! But it does so much more: by varying the price based on an applicant's home state, they're incentivizing applicants from states like Wyoming. This is a cunning way to increase diversity, as Pace will no doubt have a flood of applications from the mountain states, enriching the White Plains community.
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The size of the discount would vary depending on the home state of the applicant. University of Florida, for example, charges in-state residents about $22,200. So an accepted applicant from Florida would pay less than half of Pace’s normal rate. The discount would be even steeper for students from Arkansas, whose in-state tuition stands around $14,000.
Smart applications would be wise to move near the cheapest public law school ASAP to get the best price point on this deal. But not too fast! This bargain's not for everybody. Exclusive, platinum card offer!
The program isn’t offered to any applicant. A Pace spokesman told Law Blog that eligibility would be mostly based on applicant GPA and LSAT scores with a loose cut-off around the median scores of Pace’s own students.Yes, that's right, folks, this can't-miss deal is available only to people who loosely score around a 150 on the LSAT. So get studying. Additionally, to keep the deal, students have to be in the top 50% of the class, which thankfully is a fairly easy feat for the entire class to attain.
And with White Plains' super-low cost of living, this makes getting a prestigious private school education as affordable as ever. Spots limited, act fast! Low interest rates available!
"The program is aimed at luring applicants who want a “first rate New York legal education” but may be “discouraged by the high cost of living in New York,” Pace’s dean, David Yassky, a Yale Law School graduate and former New York City taxi commissioner, told Law Blog. “We understand we’re in competition with low tuition, state-supported schools,” he said."
ReplyDeleteFirst rate New York education? HAHAHAHAHAHAHA!
In competetion with state-supported schools? In the dean's dreams.
I trust the good dean realizes that most state law schools are ranked much higher than Pace (USN Rank:138). The two examples given in the article of where this state tuition thingy would be a "good deal" are University of Florida (USN rank: 47) and University of Arkansas (USN Rank: 75). Pace has lousy statistics and one should avoid this school like a zombie-whore with the clap. The bar passage rate is significantly lower than the state average, the employment stats are pathetic and almost a quarter of the first year 2013 class left for one reason or another. And by the way, the Arkansas bar pass rate is 10% over the state average.
Their median LSAT is 153. The poor dopes attending this pit would be happier and wealthier if they got an HVAC certificate from the local community college.
ReplyDeleteI'm sure some veteran installers would disagree, but frankly being able to do HVAC actually sounds moderately interesting. Plus, you know you've actually done something that makes your client's lives a little happier and more comfortable.
DeleteWell, I've never done more than basic vent work. The HVAC guy I know is pretty happy and works all over the state. I currently do tile and plumbing, with a little bit of carpentry and electrical. After I do the work, I actually get given stuff called "money", believe it or not. Many of my fellow law graduates consider "money" to be nothing more than a rumor, but I've actually done tilework and had people give me this magical "money" in exchange. Plus the work is pretty when it's finished.
DeleteAlso, the people who taught me construction actually taught me how to install shit, not how to "think like a plumber". If the instructors had demanded $150,000 and all they'd given in exchange was a lecture on "ABS vs. PVC: Bi-Racial Implications in the American Plumbing Industry", one of the workers would have beaten them with a pex crimper.
OFF-TOPIC: LSTC you better stop making predictions and stop making them right now. Someone just found 23 Botswanan refugees in a boathouse and they ALL want to be lawyers! Shit! http://www.nilc.org/higheredsupport.html
ReplyDeletewhy are AALS and the ABA not on that list? shameful!
DeleteThey got GW, Georgetown, the University of California system, etc. A bunch of schools with law schools. Scamdiddilyumptious.
DeleteTHEY'RE COMING FOR YOUR DREAMERS!
P.s. to the Dreamers: "they call it the American dream, because you'd have to be asleep to believe it."
Also, here's a Cal Berkeley law review article arguing price-matching violates the Sherman Act.
ReplyDeletehttp://scholarship.law.berkeley.edu/cgi/viewcontent.cgi?article=1060&context=facpubs
"[A]ppearances notwithstanding, guaranteeing low prices turns out to
be a good substitute for actually having low prices. Under the cover of a
matching offer, a firm can price-discriminate by charging high posted prices
to poorly informed [or unqualified] buyers, while still enticing savvy shoppers with the low prices promised by the matching offer. (The interjection of "or unqualified" is my own.)