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I can’t talk about business school, but I can say stay far away from law school unless one of the following is true: a)you go to a “T-14” (one of the top 14 schools in the country; don’t ask me why it’s 14 and not 10 or 15, I don’t know) b)you are independently wealthy/someone will be paying for school c)you are related to someone who can get you a job. Without at least one of those, don’t do it. And Great Bear- I don’t think you can blame this one on Obama nor expect it to get much better without him- this has been a problem since at least 2007 and will continue to be a problem for 5-10 years to come if not more. The government is not really relevant (except when it comes to student loans), it is the schools and ABA that are the real criminals in this situation.