Law Students

Law School Dropout Puts Name Up for Bid on eBay
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Jason Madsen has decided to put his name up for auction on eBay in an order to pay off his law school debt. Madsen is a law school dropout, forced to quit, after his bad credit prevented him from borrowing enough money to complete his legal degree. Madsen said he will change his name to anything reasonable for a price, according to a report from Above the Law.

“I, Jason Madsen, will legally change my name for two years to whatever the highest bidder wants,” Madsen said in the eBay listing for his name change. “If you want my first name to be ‘Bob’s Supermarket’ and my last name to be ‘.com’ I’m cool with that, or if you want the first to name to be an entire business name — whatever works.”

  
What
Where


Madsen completed one year at Charlotte School of Law and was “doing well” academically as he was passing his classes. He said he encountered financial aid difficulties prior to his second year of law school. In the eBay listing, Madsen said that his credit score prevented him from acquiring enough financial aid to pay his law school bills.

“My Grad Plus Loan was denied due to adverse credit,” he says. ”I now find myself saddled with a huge amount of debt without anything to show for it. I don’t want to be an indentured servant to the Department of Education for the rest of my life.”

Madsen informed Above the Law that he acquired over $100,000 in education debt overall and $60,000 of it is from his attempt at law school.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




“I don’t want to return to law school. I simply want to pay off my debt and put everything behind me,” Madsen told Above the Law. “If I could do it all over again I never would’ve went to law school.”

Charlotte School of Law obtained full accreditation from the ABA in 2011. Law School Transparency reports that the employment score for the school is a meager 34 percent. The employment score is the percent of graduates who are practicing law.



Law School Transparency says that the average tuition at Charlotte School of Law is in line with the national average, which is $39,000 per year. For those who attend public law schools, the average student debt is $75,700. Private law school students come out of school with an average debt of $125,000, according to the ABA Journal.

As of Tuesday night, there have been no bids placed to re-name Jason Madsen. The minimum starting bid is $75,000.



 

RELEVANT JOBS

Transactional Tax Partner with Big Law Experience (100% work from home)

USA-DC-Washington

Culhane Meadows is seeking a seasoned tax attorney with at least 8 years of practice in general...

Apply now

Labor & Employment Partner (100% Work From Home)

USA-NJ-Newark

Culhane Meadows PLLC, one of the largest non-traditional distributed law firms in the country, ...

Apply now

Technology and Outsourcing Partner (100% Work from Home)

USA-PA-Philadelphia

Culhane Meadows PLLC is actively seeking an experienced and self-motivated Technology and ...

Apply now

Attorney

USA-MO-Jefferson City

Attorney position available in the areas of Medical Malpractice Defense, Employment Defense and...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Junior To Mid-Level Patent Associate Attorney

USA-FL-Doral

Doral office of a BCG Attorney Search Top Ranked Law Firm seeks a junior to mid-level patent associa...

Apply Now

Commercial Litigation Attorney

USA-LA-Lafayette

Lafayette office of a BCG Attorney Search Top Ranked Law Firm seeks a commercial litigation attorney...

Apply Now

Mid-level Intellectual Property Litigation Associate Attorney

USA-CA-Los Angeles

Los Angeles office of a BCG Attorney Search Top Ranked Law Firm seeks a mid-level intellectual prope...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top