FCSL: Law school looking Downtown

[ben says]

^ Right: it's not relocating the school, just giving a space for a - rather small - clinic.

I'm not ready to jump into bed with them. That said, I did go to school there, got a JD, and left with zero debt. I passed the bar on my first try. I'm also gainfully employed. So I don't like getting lumped in with people who look at job prospects and debt load, decide to do something that they blatantly shouldn't do, and then bitch/moan when they had their come to Jesus meeting with their student loan bill.

I also think there is a huge differentiation between business practices and product. Every law school in the country uses the same text books, has professors from the same 16 schools, is accredited by the same organization (ABA), and has to pass the same bar.

FWIW, Jimmy Johns serves shit - and none of us here have seen their financials - but it's quite obvious a LL would never say no. The example is extreme, but so is yours.

[simms3]

If JJ were in the news for being in trouble, no suitors, etc, I think it would still depend.  You speak as if all of this stuff is a no brainer, but owning real estate often means that landlords are making bets on companies (moreso with office/large leases than small/retail).  Landlords buying office in Houston right now are essentially making bets on oil prices and the energy sector.

Likewise, moreso than a dinky little JJ store, a LL who wants to sign up a for-profit law school for 5-10+ years and give that school money for improvements and require some sort of guaranty/termination fee is making a bet that federal/state policy that encourages the subsidization of ill qualified students still stands, and that if for some not so odd reason it doesn't and these schools can't rely on basic enrollment any longer and must actually compete with UF Law or FSU Law for the same general candidate pool, then they would have a game plan.  Chances are, being that FCSL is owned by a PE firm, the PE firm has back up exit plans in place, leaving the school high and dry.

And congrats on your tenure, I know FCSL has come up a million times before and it must be hard hearing others speak so negatively about the school/similar schools knowing you were a successful product of its program and that you did everything right and the school did you right, but it's just a product of the conflict and controversy that US policy creates, allowing for the opportunity for such schools to exist, simultaneously benefiting some and producing a wonderful product while raping and pillaging others in the name of profits on the backs of taxpayers.

FTR, JJ appeals to some.  A colleague of mine at a former job used to walk several blocks to the lone JJ in San Francisco.  He was a big fan.