Friday, August 12, 2011

"To remedy a systemic, ongoing fraud that is ubiquitous in the legal education industry"

The Wall Street Journal, and other publications, are reporting on law suits filed against certain law schools (e.g., New York Law School) which suits seek "to remedy a systemic, ongoing fraud that is ubiquitous in the legal education industry and threatens to leave a generation of law students in dire financial straits."

The allegations suggest that claimed post-grad salaries are inflated relative to reality because the salary data are derived from a narrow, self-selected pool of people who actually provide that information to the schools.

The case against NYLS was filed in state court, in the Supreme Court of New York County (Manhattan).

See also a post by DAREH GREGORIAN titled Students file suit against New York Law School claiming 'systemic, ongoing fraud'

See previous IPBiz post
New York Times slams New York Law School
including the text:

It reported in the most recent US News & World Report rankings that the median starting salary of its graduates was the same as for those of the best schools in the nation — even though most of its graduates, in fact, find work at less than half that amount.

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