When their friend commits suicide, a trio of friends from law school, smothering under the weight of large student loans, decide to quit law school in their last semester and go into practice without a license. In the process, they take on the machine behind the law school loan racquet, fraudulently joining a class action (more than 1,000 times under fake names) against the bank backing the predatory lending, to exact revenge against the unfair practice of enticing impressionable young people to enroll in a low tier law school.
This book really resonated with me, as I was once myself a law school student in at a law school that was definetely not an ivy league school. Upon leaving law school, I was crushed under a debt of around $150,000, and was expected, without a job, to pay back nearly $1,700 a month in principal + interest, at varying interest rates, some as high as 8%. I suffered under this debt for nearly 10 years and paid well over $150,000, only to move to Austria, where students go to school (even University and law school) virtually for free — paying only nominal expenses.
This book not only gets it right about the predatory lending scheme of law school, and university in general in the United States, but tells a fun story of 3 students who weren’t going to take it anymore and who decided to do something about it. While reading this book, I couldn’t help but to relate to the characters and their plight.
I have read other books by John Grisham, but this one is by far my favorite.