Ex-Law Student Auctions Off His Name to Pay Off Loan Debt

If you’ve been a loyal reader of Above the Law, you know that law school graduates have done some pretty crazy things to pay off their loan debt, up to and including the attempted sale of their law degrees on websites like Craigslist and eBay. Back in 2008, a graduate of DePaul Law tried to sell his degree on eBay for $100,000, the approximate value of his law school loan debt. Similarly, in 2010, a graduate of Georgetown Law attempted to sell his degree on Craigslist for his remaining student loan balance.

Some of these stunts failed miserably, but others (sort of) worked — the disgruntled Georgetown graduate managed to sell his diploma for 10 percent of the original asking price. But what about the current deluge of downtrodden law students? What can they do to offset their student loan debt?

Well, they can sell their names on eBay, for starters….

Meet Jason Madsen, a former student at Charlotte School of Law. Madsen completed his first year of law school, but was unable to enroll for 2L year because his GradPlus loans were denied due to adverse credit. Perhaps the government did him a favor, but he’s still got tens of thousands of loan debt dollars hanging over his head, all incurred during his 1L year. What’s a poor boy with one-third of a law degree to do? This:

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