Reason 4. The contingent scholarship scam: Like dear Oliver Twist, they’ll make you a pickpocket street urchin.
Schools offer varying degrees of
financial assistance through scholarships.
Some of them, please excuse my French, are scams. Although scholarships come in both benevolent
and risky forms, we’ll focus our attentions here on just one insidious stinker,
the contingent scholarship.
The scenario: A law school offers you $30,000 a year in
tuition – but only as long as you maintain a 3.0 grade point average.
Sounds amazing, doesn’t it?
$30,000 x 3 years = $90 grand you don’t have to pay. I mean, really, they’re offering to pay you
$30,000 a year just to get good grades, which you were going to do anyway. Do they love
you or what?
Unfortunately, the answer is often
“or what.”
I feel a little sad bursting this
particular bubble because it’s such a joyous, confirming moment to receive a
strong tuition offer from a law school.
But the potential emotional manipulations are egregious enough that this
chapter needs to exist. Grade-contingent
tuition offers, in which grades are based on curves, have come under suspicion
as a way for certain schools to scam you.
What law schools are telling you
with a contingent offer is this: If you
don’t outperform x% of your class, then we’ll withdraw our scholarship help and
you’ll need to a) pay us full-priced tuition until you graduate, or b) transfer
to another school, where you’ll probably pay full-priced tuition, or c) drop
out of law school.
These offers hook students in by
preying on emotions such as:
·
Optimism and hubris: “Of course I’ll be in the top 10% of the
class!”
·
Naiveté and inexperience: New students don’t
realize that almost all of their competitive new classmates comprised the top 5%
or 10% of their undergraduate classes.
In other words, the difference between college and law school is the
difference between running track in high school (“I’m number one!”) and at the
Olympics (“Everyone here is number one”).
·
Trust:
“They wouldn’t award me this money if they didn’t have full, experienced
confidence that I could succeed.”
But I’m not foolish like that, you say.
I’m a smart person with an
awesome academic track record. I could pull off three years of
top-notch grades.
Okay, granted, but consider
this: Thanks to the grading curve, your
grade depends on everyone else’s
performance. Let’s say that, in your
first year of law school, a handful of your classmates previously worked as contracts
specialists or commercial negotiators, and that they therefore earn all the
available A’s and B’s in your Contracts class.
Thanks to this twist of fate, you get a C, despite excellent exam
performance, and your GPA at the end of your first year is 2.97 – just below
the school’s 3.0 minimum. Wham! Your free tuition is now over, despite your own best efforts, and you’re suddenly attending
a school to the tune of $40,000 a year.
Law school is hard, and bad grades
are common during the first semester as students acclimate to a new foreign
language of legal terms. Students can
easily forfeit scholarships simply because they mixed up some vocabulary terms
in Torts or because they didn’t analyze a particular rule thoroughly enough in
Civil Procedure.
Thus, the question is not how smart
you are, but whether you’re sure
you’ll get a 3.0 rather than a 2.9. And the
answer to that question depends entirely on others’
performance in relation to your own.
That’s impossible to predict. Yes,
you did great as an undergraduate. Yes,
you’re smart. Yes, you got an LSAT score
that made your friends, folks, and pets proud.
But so did everyone else who got
accepted. And, in particular, so did
everyone else who was offered the same contingent scholarship as you.
(To read a particularly mathy way of looking at the contingent scholarship situation, please feel free to check out the "Don't Go to Law School: 50 Reasons" ebook.)
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