Unemployed? Student Loans? At least you didn't go to LAW SCHOOL

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For Law School Graduates, Debts if Not Job Offers - NYTimes.com

Since 2008, some 15,000 attorney and legal-staff jobs at large firms have vanished, according to a Northwestern Law study. Associates have been laid off, partners nudged out the door and recruitment programs have been scaled back or eliminated.

And with corporations scrutinizing their legal expenses as never before, more entry-level legal work is now outsourced to contract temporary employees, both in the United States and in countries like India. It’s common to hear lawyers fret about the sort of tectonic shift that crushed the domestic steel industry decades ago.

But improbably enough, law schools have concluded that life for newly minted grads is getting sweeter, at least by one crucial measure. In 1997, when U.S. News first published a statistic called “graduates known to be employed nine months after graduation,” law schools reported an average employment rate of 84 percent. In the most recent U.S. News rankings, 93 percent of grads were working — nearly a 10-point jump.

I have to say though that I have little sympathy for the guy featured in the article. He didn't only take out loans to pay tuition. He also lived large while in school. I went to a state school and lived frugally. I took out only enough loans to cover tuition and childcare expenses.

in a statement released in march 2008, the council on physician and nurse supply, an independent group of health care leaders based at the University of Pennsylvania, has determined that 30,000 additional nurses should be graduated annually to meet the nation's healthcare needs, an expansion of 30% over the current number of annual nurse graduates.

http://webcache.googleusercontent.com/search?q=cache:-ozaf_k8r7qj:www.aacn.nche.edu/media/factsheets/nursingshortage.htm+projected+nurse+graduates&cd=1&hl=en&ct=clnk&gl=us

there was a struggle for increase in graduates now there is not because of economy and health reform.

in a statement released in march 2008, the council on physician and nurse supply, an independent group of health care leaders based at the university of pennsylvania, has determined that 30,000 additional nurses should be graduated annually to meet the nation's healthcare needs, an expansion of 30% over the current number of annual nurse graduates.

http://webcache.googleusercontent.com/search?q=cache:-ozaf_k8r7qj:www.aacn.nche.edu/media/factsheets/nursingshortage.htm+projected+nurse+graduates&cd=1&hl=en&ct=clnk&gl=us

there was a struggle for increase in graduates now there is not because of economy and health reform.

i'd be curious to know what the numbers of actual graduates were in 2008 versus now. but as someone contemplating nursing school, i find studies like that which make the news to be more amusing than anything. it seems like when things like that are released, people put stock in them and make a career decision only to be shocked and surprised when some exogenous event renders their prediction and call to be inaccurate.

Specializes in Pediatric Pulmonology and Allergy.
# of new grads can just as easily be projected. I don't think they doubt the number who apply will increase....especially in any health profession after needs of health care are expected to increase due to an aging population. There is an estimated number of new grads each year based on past averages. It is also factored on the number who actually get accepted into programs, while many apply not all will get in the first time due to seat availability. Must also factor in the small percent who drop out, or don't meet program requirements and get kicked out. Then there is the estimated number of increase due to new programs being opened not previously there, and some programs who increase seat availability. However, it would take several years for the "rates of people applying to nursing schools and receiving their license who hold steady over the years" to really affect the projected employment rate unless there was an unforseen boom in number of programs, seat availability, and availiable nurse instructors employed.

There has already been a sharp uptick in for-profit nursing schools opening up.

There were 9000 more new RNs licensed in 2009 compared to 2008. (I don't see the stats for 2010 yet.) I assumed as you did, that given the difficulties of getting into and getting through a nursing program, the market wouldnt' get as glutted as it got so quickly. But I figured wrong. Getting licensed as an RN just isn't.that.difficult.

NYS Nursing:Nursing Programs:RN NCLEX Results: 2008-2012 (scroll all the way down).

No, I never thought for a second that it would never get over populated....it will eventually, but the fact is that it isn't over populated we still have more jobs open. There are plenty of jobs for new grads, but the hospitals are holding 90% of these for experienced nurses.......they don't have it in their budget for new grads because of the economy, new legislation, past patients with lack of insurance....etc.etc.

Also I didn't get into this professsion based on statistics...this is what I've always wanted to do since I was little I come from a family of nurses and health care workers and a family of cancer and heart disease. I souly believe my choice was based on the fact that my father has had cancer since I was 5. This is my passion, and I enjoy it.

And to Want2banrn......I'd rather rely on a variable statistic and hope that it goes in my favor, and make educated choices. Than to go into anything blindly and hope that it goes in my favor.

And though all of you think the statistic I used is old.....maybe you should try reading the entire article. It's using everything from the past to explain where we are now, and how we got there. Sept 2010

Specializes in Oncology Certified Nurse (OCN).

My nursing school clinicals this past year have been in DC and VA hospitals. When I talk with staff nurses there, they all tell me the same thing.

#1. The patient census (# of hospital beds occupied) has fallen due to the recession. People who've lost jobs and/or insurance can't afford hospitalization. On some wards, the census is down by 50% from levels seen in 2008. If you have fewer patients, you need fewer nurses. But some Emergency Departments are swamped.

#2. When retired or part-time nurses' spouses lost their jobs, those nurses went back to work full-time to help support their families. This took up the slack usually occupied by new grad nurses.

#3. Training new grad nurses is VERY expensive. Some hospitals have cut back on new grad training programs because hiring travel nurses in the short term is cheaper.

I have a friend who graduated last year with an ADN RN, who really wanted to work in a Neuro ICU. He ended up moving to Wyoming to get it. It looks to me like the hiring priorities in this town are: BSN before ADN, grads of name schools (GU, Marymount, Mason, etc) before lesser-known schools, locals who won't pack up and move/be transferred in a year or two, people who are doing their final undergrad clinical or already work in some capacity in that hospital.

Thanks for instilling hope :S .....so what is a new grad supposed to do that moved here with a military spouse and will be here for another 2 years and 6 months

Hm, I work in the DC/VA area, and I can tell you that, on my floor at least, the minute our census gets anywhere near low (definitely not 50%, though- maybe 28/ 35 beds filled, if even that low), we get a flood of admissions- we even had nurses taking 2nd admissions during one shift last week.

Specializes in Oncology Certified Nurse (OCN).
Thanks for instilling hope :S .....so what is a new grad supposed to do that moved here with a military spouse and will be here for another 2 years and 6 months

My friend who graduated in Dec from Marymount got a PRN job at a local hospital in Med/Surg. So maybe being willing to start part time or looking at hospitals outside the immediate area would be your best bet.

Is there some way you can leverage the military spouse thing: like getting a job in a military or VA hospital?

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