Closing In On The Bottom?

Student Debt

This Guy Has $170,000 In Law School Debt And Is Suing His Law School

Clark Moffatt graduated from the University of North Texas in 2003 with a 4.0 GPA, making the dean’s list each year. He was a member of the National Criminal Justice Honor Society. Seeking a better career in criminal justice, he sought law school soon after graduating. He applied to his undergraduate alma mater, Baylor Law School and Thomas Jefferson Law School in San Diego. Thomas Jefferson was quick to respond, very adamant about wanting Moffatt at their school, and boasted some impressive job statistics on their marketing materials.

Fast-forward more than a decade and Moffatt is living in a mobile home, working full-time for Uber, living off food stamps and making about $25,000 a year. And he’s also got $170,000 in student debt that’s accruing interest. Oh yeah, and he’s suing Thomas Jefferson along with 11 other graduates of the law school, claiming the school inflated its job placement rates.

An example of the misleading job placement numbers came from 2010, when the school claimed to have a 90% employment rate on all of its marketing materials. It failed to include that the 90% included part-time work like a pool cleaner and Victoria’s Secret sales clerk, reports Business Insider.

When Moffatt graduated in 2006 with about $120,000 in student loan debt, he sat for the California bar and failed. Then in 2007 he sat for the Texas bar and failed again. Moffatt has bounced around from job-to-job, none of which have been in the legal profession.To make matters worse, Moffatt’s wife is battling cancer and he’s been thrust into the primary care taker and bread-winner for the family.

Moffatt and the other 11 suing Thomas Jefferson are joining a growing list of graduates to sue their law schools in class-action law suits. Business Insider, citing Wall Street Journal, reporting says there were at least a dozen similar cases against for-profit law schools in 2011 and 2012.

Source: Business Insider

DON’T MISS: JOBLESS LAW STUDENTS LOSE IN COURT

Video Of The Week:

Happy Holidays From Harvard Business School