The computer-animated video, A law School Carol is no heartwarming holiday tale of redemption, as The National Law Journal reports, and has been circulating on YouTube. It’s all about a law student called Steve.
” The ghosts of Steve’s prelaw, law school and postlaw school lives visit him to offer a sobering accounting of the sacrifices he made to attend law school, the staggering debt he assumed in the process and the limited prospects his degree from a third-tier school will afford. 
“Wake up and smell the student loan payments!” the ghost of law school present warns.”
The video may be a joke, but the argument isn’t. On the Internet and in academic circles, there is widespread debate over the value of a juris doctor, and whether the degree is a wise investment for many of the thousands who flock to law schools each year. Law schools have always had detractors, but the rising cost of legal education and the dearth of jobs available to new graduates is prompting more people to urge prospective law students to think twice before they write their first tuition check.