Law Students

That?s a Lot of Water

By Pete

Pretend, for a moment, that you’re spending $6,500 a semester to go to Morris Brown College and live on campus. Now pretend that you wake up one morning to find that your school had neglected to pay its $400,000 water bill, so you can’t take a shower.

Fortunately, that’s not quite how it went . . . since they’re between semesters, I don’t think that there was anyone actually on campus, but hearing that your school is so deeply in debt that it is going to cost them $1.5 million (that they don’t have) just to pay “bills and other operating costs” cannot be confidence inspiring.

One thing is for sure . . . if you got a piece of that $1.6 billion that went to the executives of failed banks, this would be a good time to start buying back some good-will, since you sure as hell didn’t earn your giant payday.

Full post as published by PeteHoliday.com on December 22, 2008 (boomark / email).