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Lawyer Auctions His Diploma on E-Bay for the Price of his Education

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A very angry new lawyer decides to auction his diploma on E-bay hoping to recoupe what he perceives as a miserable investment:

So America... just how much is an education worth? Let's find out. Up for sale is my law degree.

Yes, you read correctly. Three years and $100,000 plus of debt for your pleasure. Please note that I am in no way claiming that by purchasing this degree you will be given credit for having attended an accredited law school and completing its course of study nor will it give you the necessary credentials to take the bar exam. You will not be able to become a lawyer by purchasing this degree. However this would make a great collectible if your name happens to be David Wold.

Why am I selling this great item? Because it has been nothing but a curse and aggravation in my life. Going to school for this degree has been a joke, and has only brought me stress and misery. This degree has been a great invitation to work at least 60 hours a week at a place where I don't want to be for people that I don't care about. It has helped me develop great relationships with bill collectors as I can't afford the cost this great privilege has afforded me. It has limited my abiltity to pursue other work options as people just can't understand why someone with a law degree wouldn't want to be a lawyer.

Believe it or not, the extensive job dissatisfaction amongst lawyers, high suicide rates, and failed personal relationships that lawyers have isn't enough to convince others that it's not a healthy, worthy pursuit. And of course even if I would be happier as a bartender, I couldn't afford to pay back the loans needed to earn this degree. Though that's true of many that I graduated with. Individuals that wanted to practice law for the benefit of the poor or impoverished or those who can't afford legal counsel are having a hard time too because they aren't paid enough. But that's justice.

The only thing this law degree has been worth to me has been to reinforce my belief that America's higher educational system is another vehicle for driving the economy. Honestly... if education were a priority in this country, wouldn't we make it affordable? No... because if you create an expensive educational system, you endorse the instutionalism of professions which may have no reflection of your actual skill or abilty, and you coerce people to get higher paying jobs needed to pay the high cost of education which further pumps dollars into the economy and creates a higher tax base.

But David... what about the great education and experience you earned with this degree? Surely this is something you respect and a buyer can't get with the purchase of this degree. Oh but wait... If you purchase this item, I will also throw in all the law books I have from this program. Sure you don't get the instruction from the professors, but anyone can tell you which pages to read each day and ask you randomly a few questions about what you read and call that instruction. So you're not missing much.

But what can I possibly do with this degree? Well, the same thing I do with it. Let is sit in your closet as a constant reminder of three years lost in your life or how you could have used that money for educational loans to start your own business or buy a home. Perhaps I have used it quite well. Since I got a degree in screwing people for money, I thought I'd use it for such. My girlfriend have started our own adult site www.(Deleted).com. Perhaps this degree will equally inspire you! So come on America... what is an education worth?

Is a law degree really worth $100,000? I know many of you will say that an education is priceless. For argument's sake, let's say priceless equals $1,000,000. As an incentive for interested buyers that really think an education is worth something, I will make a promise to create a $100,000 scholarship with each $100,000 increment that I profit from (less fees and taxes) with the sale of this degree over $500,000. But isn't that greedy on your part, David? The educational costs weren't that much. True... but the misery I've been honored to experience and the opportunities lost do equal about that amount. And it is my degree, so there.

Surprisingly, I sympathize with this man, but not for the reasons you may think.  We all have responsibilities for our debts and we should have some knowledge about the costs associated with going for a graduate degree.  But like many, he has been sold a bill of goods about job prospects and not been provided reasonable alternatives during the course of his education which included entrepreneurship with his degree.  He came to believe, as many, that going to law school is a ticket to making money and that jobs abound.

I agree with his take on the costs associated with education.  Other countries build into their tax system free higher education.  Maybe their economies have different challenges but their citizens are educated.  Higher education is a money machine starting with all the student loan and private loan agencies, to the government as lender and the inability to discharge the debt even in bankruptcy yet we are told over and over you can't survive in this world without a higher education.  This makes the garage-billionaire very attractive and why so many are trying to bypass higher education.  The debt and servitude to that debt, the parents sacrificing retirement to provide that education, is terrifying to everyone.  And for what, no job prospects?

David claims to be an entrepreneur?  While he builds his porn site why isn't he using his legal degree to build his own legal practice?  Probably because noone taught him how or he went to law school for the wrong reasons or he's just a pissed off person trying to garner some attention or all three. I don''t know.  But the points he brings up for all of us are valid.

Full post as published by Build A Solo Practice, LLC on January 10, 2008 (boomark / email).

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