Word: budgets
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Dates: during 2000-2009
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Harvard Law School students have heard nothing but bad news on the job front this year. After weathering a tough recruitment season, law students are now faced with a round of budget cuts that will worsen employment opportunities in the public sector as well. On Monday, Harvard Law School suspended the Public Service Initiative, a program that waived third-year tuition for law students who pledged to five years of public service after graduation. While budget cuts call for belt-tightening, it’s sad to see HLS’s Public Service Initiative disappear...
Given the high cost of law school, finances can often be a determining factor in law students’ career choices. According to HLS Student Financial Services, the standard student budget for the 2009-2010 school year is $67,900. Although financial aid is available, even a portion of this amount is a daunting price that many students will pay for themselves with student loans. Under this pressure, choosing to go into the private sector, where the average starting salary for 2008 HLS grads was over $155,000, can be a more stable and financially responsible choice than taking less...
Though this budget cut would, all other things being equal, likely lead to reduced enthusiasm for public service, given the weakness of the corporate law labor market, demand for public service jobs is up at the moment. Consequently, the flow of students into public interest careers may remain high for the immediate future. In this job market, the post-graduation employment choice for law students is often between no job and a low-paying public sector position, in which case the latter option would still be relatively more lucrative. However, this does not excuse the elimination of an important program...
Several dozen Harvard employees and students rallied outside the Holyoke Center last night, protesting the budget cuts that may dim the holiday season for some University staff...
Democrats in Congress know the gravy train will soon be coming to an end. They raised discretionary non-military spending 8% in the 2009 budget and another 7% in the 2010 budget, and polls show that GOP accusations of profligate spending are starting to resound with voters; the White House has indicated that President Obama plans to use his State of the Union speech in January to outline his plan to draw down the ballooning deficits...