I think the same could be said for Business school (MBAs). Everyone seems to think you'll walk out of school & easily find a job making close to six-figures. It's just not true for the majority & the statistics for salaries by major/degree make people think otherwise. It's really sad, but education is a business. No one would go after post-grad work if they knew they'd get paid half of what the're expecting( if you're lucky enough to get a job). If you have loans, you're more screwed.

I wish someone would have told me. I'm debt-free, but I was in school thinking that I had a golden ticket to riches if I just worked hard enough--wrong.
I think the most informational 'reality' part of this for current grad students is this:

AS a student, Mr. Wallerstein assumed that the very scale of law school — all the paperwork, all the professors, all the tests — implied that pots of gold awaited anyone with smarts, charm and a willingness to work hard. He began to doubt that assumption when the firm where he had interned told him that it hadn’t been profitable for two years and could not offer him a full-time job.

Edited By: nicksdolphin 01/10/2011 9:55 PM. Edited 1 times.