for the jobs because, of course, they just love being with us students. The school likes to brag about its low student-to-teacher ratio, ten to one, as if we’re all being taught by gifted pros in small, cozy classes, right? Remember first-semester torts? There were two hundred of us packed into Stuttering Steve’s classroom.”
Todd interrupted with “How’d you find out about their salaries?”
“I talked to one of them, tracked him down. He taught admin law for third years and we never had him. Got fired two years ago for drinking on the job. So we got drunk together and he told me everything. I got my sources, Todd, and I know what I’m talking about.”
“Okay, okay. Just curious.”
“Anyway, Foggy Bottom has about 150 professors, its biggest expense, say $15 million a year.” He pointed to a jumble of figures they could barely read. “Then you have the administration on the top floor. Did you know that our incompetent dean makes $800,000 a year? Of course not. The dean at Harvard Law makes half a million a year, but then he’s not in charge of a diploma mill where someone is watching the bottom line. Our dean has a nice résumé, looks good on paper, speaks well whenever he speaks, and has proven rather adept at fronting this racket. Rackley pays all his deans well and expects them to sell the dream. Throw in another, say, $3 million for the other bloated salaries up there and it’s safe to say the administration costs $4 million a year. Let’s be generous and make it $5, so we’re at $20 in costs. Last year it cost $4 million to operate the place—the building, the staff, and, of course, the marketing. Almost $2 million of it was for propaganda to entice even more misguided souls to sign up, start borrowing, and pursue glorious careers in law. I know this because I have a friend who’s a pretty good hacker. He found some stuff, didn’t find some other stuff, and was impressed with the school’s security. He says they work hard at protecting their files.”
“That’s $24 million,” Mark said.
“You’re quick. Round it off to $25, and the Great Satan nets $20 million a year off dear old Foggy Bottom. Multiply that times eight and the math will make you sick.” Gordy cleared his throat and spat at the wall. He took another sip, swallowed slowly, and paced a few steps.
“So how does Rackley do it?” he asked. “He sells the dream and we took the bait. When his eight schools expanded overnight, they opened their doors to everyone, regardless of qualifications or LSAT scores. The average LSAT for entering first years at Georgetown, which we know for sure is a top-tier school, is 165. For the Ivies it’s even higher. We don’t know the average LSAT at Foggy Bottom, because it’s a military secret. My hacker couldn’t penetrate the file. But it’s safe to say it’s well below 150, probably closer to 140. A major flaw in this defective system is that no LSAT score is too low to be admitted. These dipshit law schools will take anybody who can borrow the federal money, and, as stated,
anybody
can borrow the federal money. The ABA will accredit a kindergarten if it calls itself a law school. No one cares how dumb an applicant might be, nor does the federal loan program. Don’t want to offend anyone in this room but we all know our scores. We’ve all been drunk enough to talk about them, with the exception of Zola of course, who happens to have the highest of the four. So to be diplomatic I’ll say that the average of our little group is 145. Based on percentages, the chances of passing the bar exam with a 145 is about 50 percent. No one told us this when we applied because they care nothing about us; they just wanted our money. We were screwed the day we walked in.”
“You’re preaching to the choir,” Mark said.
“And the sermon is not over,” Gordy shot back, then ignored them for a moment as he studied his wall. Again, they exchanged looks that conveyed apprehension and