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Don’t Like College? Quit & Ask For Your Money Back!

This may seem like an insane idea but sometimes the craziest of approaches are the most successful.

Picture this… You are in your final year of Law School, you have acquired a mountain of education loan debt, your wife is now pregnant with your first-born, job prospects are down-right pitiful, and your car just got a flat tire.

This is the situation that a young man is experiencing at Boston College’s School of Law… well he is facing everything except for the flat tire. I threw that in for good measure because stuff like that always happens when you are down and out.

Based upon the situation, I can tell this student has 2 options: quit law school, find a job, and start paying back the student loan debt -or- finish law school, find a job, and start paying back the student loan debt. Either way, the student needs to find a job and pay back the student loan debt.  If it were me and I was almost finished with law school, I would stick it out and finish because my salary potential would probably be much greater with a law degree verses being without.

This student, however, tried to implement a 3rd option (a little crazy and insane all wrapped together): he wrote a letter to the dean and told him that he will drop out at the end of the semester IF the university will kindly refund him his tuition for the past two and half years. The student goes on to state that the U.S. News and World Report Ranking for the college will be improved if they don’t have an unemployed graduate on their rolls (another reason rankings are flawed).  So, it would be in their best interest to let him leave now. I have not heard the official response from the University but I am guessing that he will receive a resounding “NO” to his request.

If you would like to see a copy of the full letter to the dean, you can check it out here. The student’s name has been redacted to protect his privacy.  It is  a shame that this student will be leaving law school because, after reading the letter, I really think he has what it takes to be a successful lawyer.

So.. what do you think about this request? Does it seem reasonable? Do you think we might see more of this in the future? Feel free to leave your comments below.

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3 Responses to “Don’t Like College? Quit & Ask For Your Money Back!”

  1. Just got the updated official response from the University. As you can imagine, the response doesn’t recognize the specific request from the student but it does address most of the concerns brought to light by the student. Here is the link:
    http://eagleionline.com/2010/10/22/boston-college-responds-to-refund-letter/

  2. Braedanb says:

    Wow. The nerve. I realize the job market is tough right now but blackmail is never the right way to solve a problem.

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