NOW SOUTH CAROLINA’S GOVERNMENT NEEDS TO PERMIT SALE TO MOVE FORWARD …
By FITSNEWS || The pending sale of the Charleston School of Law (CSOL) to InfiLaw received a key blessing from an American Bar Association (ABA) committee this week – further evidence the state of South Carolina needs to stand aside and permit this private transaction to move forward.
According to a letter posted to the CSOL website, the ABA’s accreditation committee has recommended the association’s legal education and bar admission council approve a request from the law school to transfer its licenses to InfiLaw.
“The Committee recommends that the Council grant acquiescence in the proposed purchase of the Law School’s assets by InfiLaw,” the letter reads.
Assuming the council approves the committee’s recommendation following a meeting on December 5, InfiLaw would be permitted to run the school as an ABA-accredited institution – one of the final hurdles in concluding the sale of the private institution.
If that happens, the only thing standing in the way of the sale would be the S.C. Commission on Higher Education (CHE) – which is statutorily authorized to license the deal from a business standpoint, not as it relates to accreditation.
The committee’s decision – which came after the ABA sent a team to Charleston, S.C. to investigate the request – is not surprising seeing as InfiLaw already operates three ABA-accredited schools. Of course we’re sure it will spark shrill cries of recrimination from certain interests with a stake in seeing this deal undone.
These interests have been working for some time to sink the CSOL-Infilaw deal – ostensibly so a plan to subsidize the school with tax dollars can be revived.
We have consistently and steadfastly opposed such a plan … and will continue to do so moving forward.
Our state’s higher education system needs to be privatized, not expanded. Meanwhile the private sector needs to be permitted to operate free from the meddling of government bureaucrats and self-serving trial lawyers.
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16 comments
Where’s Ed the talking horse? Seems like he has been put out to pasture or perhaps he had an unfortunate visit to the glue factory….
Don’t you know George Kosko is grinning from ear to ear right now! And he has a very expensive Scotch bottle in his hand too! George is finally going to be rich like he has been trying to do for years.
I saw a camouflaged car today – the driver was wearing a camo hunting outfit, and a “if you can read this, you’re too close” bumper sticker… to make a point, I ran into him.
The driver was wearing a bumper sticker? Odd.
I told you I ran into him to make a point.
This school is funded by federal student loans that its unfortunate students use to pay tuition, and would continue to be under Infilaw’s ownership. It is not a private sector, free market venture in any meaningful sense.
Wondering how many of the students do get fed subsidized loans? If all, then, yes, the entire school would appear to be.
But there are plenty of private schools that receive a majority of student subsidies from the fed loan system … Here in Taxifornia, fur instance, Stanford does.
But you are right. Being beholding to the fed g’ment for “cheap” loans and “work” study programs is questionable … and as everyone knows, the teachers are just as dependent on those fed handouts as the students … and thus may feel good about spewing the bureaucracies propaganda.
I haven’t heard anything about the job market for law school grads improving. I would hope that a for-profit law school would be covered by the same changes that the Obama administration is proposing which involve for-profits being required to keep records of how many of their graduates are employable in jobs that allow them to repay their federal loan. Then, if the schools numbers are bad, they are disqualified from eligibility for their students to receive federal loans.
Of course, the for-profit colleges oppose this…because they don’t care if the free market works as long as they can get money from the government.
It’s not a free market venture as Guest pointed out. It’s a classic plutocrat Repugnant Party form of welfare for the 1%: No private risk with the taxpayers ( as Leona put it, only the little people pay taxes) picking up the liabilty for the defaulted student loans. Billy Folks may be stupid enough to really think this is “capitalism” but he always was a little slow.
That open floor plan is just plain spooky.. ridiculous looking chairs and knee-banging tables… the poor saps trying to use laptops demonstrates how poorly designed the furniture is. The only alternative to scooting to the edge of a sofa chair to reach past your knees, are uncomfortable looking wooden high-chairs crowded around a little round table, the tiny surface area split 3 ways. Reminds me of the scene in Men In Black with the best of the best of the best using their laps as a table.
If there truly was a “free-market” in law schools, CSOL would be shut down entirely.
For more on the for-profit law school scam: http://www.lawyersgunsmoneyblog.com/2014/11/usual-suspects
As long as the free-marketeers want to be able to bribe politicians with campaign contributions for special tax breaks, and other ways for taxpayer money to flow to them with no accountability – think Kochs and their Cato buddy Howie Rich in varieties of ways – there is no real free-market. Probably never has been.
I wonder if Libertarians don’t get that or if they are just lying for their rich masters?
It seems some people have to identify with their better(-off)s to feel good about themselves.
Glad to see you use the “capital L” instead of the little one. Appropriate use by your comments too, kudos to you. I know many a capital L that can’t draw the free market distinction you just drew.
Most small L’s know that though…but they are “extreme” to most.
When you run a strip joint, being taken over by government beats being taken over by a whorehouse.
Ya know……this article would have so much more “temptation” for ads if there was a “Where’s Liz Gunn” option for the photo attached..!!
Matter of fact, maybe there is more ad mileage in getting that coffee “shop” to have a FITSNEWS ad photoshopped on it..!
At least get a mug of Brian Hicks and John Monk photoshopped in this space somewhere to cause a stir..!
The ABA accreditation committee would accredit a ham sandwich.