Sunday, May 15, 2011

Yet Another Post on Merit Scholarships

There has been much criticism in the news recently, including on this blog, about law schools' handling of merit scholarships.  An article in today's New York Times on college graduates' optimism gives some support to the law schools' position that students have a responsibility, too.

The article states:

"Surveys show that students expect to receive more job offers and higher salaries upon graduation than they wind up getting. They anticipate being married till death do them part, though they are acutely aware that statistics say there’s a good chance they won’t be. They underestimate their likelihood of suffering from cancer, heart attack and other misfortunes and overestimate their likelihood of acquiring wealth and professional success. The list goes on and on."

However, being optimistic can be good.  People who are optimistic suffer less stress, and they are happier.

I still believe that law schools have a duty to disclose renewal rates for scholarships.  However, this article does illustrate why some of our students are surprised when they lose their scholarships.


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