I Go to Law School?
by Robert Wenzel: Zimbabwe
May Go On a Gold Standard; Disses U.S. Dollar
EPJ reader emails:
of attending St.John's school of law. But the tuition is a whooping
46,400$ a year. For three years that almost $150,000. Is it a
good idea to take on that amount of debt for a law degree? I watched
the college conspiracy, and it seems like it's not such a good
idea. Especially, since we have 43,000 law students graduating
every year and we have lost 15,000 lawyer jobs since 2008! I don't
know what to do, i want to change the law so that it becomes more
libertarian in its practices. I'm Interested in the law and its
foundations, i also have a knack for arguing and don't give up
until [the other person] at least understand my view points.
I also don't
know what else to do. Recently i started my own blog, and i think
i could be a good writer. Maybe i should just be a waiter, save
money and accumulate gold and silver until the dollar crisis comes
about. WHAT TO DO!!
I don't really
have enough information about you to give you a specific answer.
I will say though that there is no blanket answer. I have seen the
writings that say college is a waste of time, and for most it is,
but not all.
It really depends
upon your passion. It's not clear from your email, if you really
want to be a lawyer. "I don't know what else to do" is
not a good enough answer for going to law school. I know plenty
of lawyers that hate being lawyers and only went to law school because
of the prestige and the money one generally receives from being
a lawyer. But once they are out in the real world of law they hate
it, but because of the money they make they think they can't leave.
believe that you can make very good money doing almost anything,
if you are very passionate about it. If you are passionate about
something, I would skip whatever else you are doing and follow your
passion, whether it is mountain climbing, scuba diving or collecting
butterflies. If you think about it, there's a way to earn money
doing whatever you want to do.
I am passionate
about finance and economics, you can't pull me away from what I
do. There's no procrastination for me in what I do. You have to
pull me away from my economics and finance work to do almost anything
else. I have given myself a great gift by following what I enjoy.
If you are doing anything but your great passion, when you have
a great passion, you are making a mistake.
If you dream
every day and night about being the next Perry Mason AND have read
every Perry Mason novel AND go to the library and read law journals
because they are fun AND are amazed that you already know more law
than lawyers you have talked to, then law school is probably for
you. If you think you are going to go to law school and they will
turn you into a lawyer, without ever thinking about law outside
of what is assigned in class, forget about it. The same goes for
medical school or anything else. You should really want it bad.
the rest of the article
Economic Policy Journal
Best of Robert Wenzel