Indeed not. There's another quote in there that's an eye-opener, and important for all law students:“I’m not really good at keeping records.”
Thane, are you implying that you have to do work and take accountability for yourself to be a successful attorney? Keeping records and being organized might really keep me away from blogging on the internet or checking my face book.
Completely agree, he is an unsympathetic example on the one hand - but it still raises the question about the accountability of lenders and easy access to such horrendous debt. At what point do these loans stop? Lenders accountable for being stupid enough to grant these loans, this guy accountable for taking out the loans. If so much money is readily available, what motivation is there for schools to "right-price" their product? The tuition/loan system is feeding itself: raise tuition, increase loan amounts... and so on.