Dec 9

Inequality: Why the Tuition Bubble and Student Debt Matter


Matt Leichter (matt [dot] leichter [at] gmail [dot] com) (Saitama-ken 2003-05) is a renegade attorney who plays by his own rules.  He operates a think tank of one, The Law School Tuition Bubble, where he archives, chronicles, and analyzes the rising cost and declining value of legal education in the United States.  He also maintains the “Bankruptcy Legal Topics,” and, “Bankruptcy Billables,” sections for Steven Horowitz’s Bankruptcy Bill.  For further reading regarding JETs and the law, he recommends JETs with J.D.s.

In Japan, young people who’ve been having a tough time finding work are criticized as “parasite singles” or “herbivores,” regardless of whether there actually are living wage jobs for them.  The same thing is happening in the U.S., but to make things worse, $850 billion dollars in student debt is hidden from calculations of income inequality, meaning young people are unemployed and not making families, AND America is also less egalitarian a society than people might think.

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