Yes, that is how things will look if you live in a sane country like Denmark.
But as the top post in this thread acknowledges, in bizarro-land people structure their lives (and "careers") according to the television. And TV says being a lawyer can only lead to good things. Moreover, most bizarro-land parents will agree with the television set.
There was a Congressional study in bizarro-land a number of years back. The title went something like: "Bizarro-land. Can we sue our way to prosperity?"
There will always be lots of litigation in bizarro-land. Because that is how they do business. When business succeeds, they sue. When business fails, they sue. Litigation is itself big business.
If you read HN, then you know about the USPTO. The bizarro-land government issues rights to sue called patents and trademarks. Needless to say, these rights to sue are extremely popular there; probably more popular in bizarro-land than anywhere else in the world. Why? In bizarro-land, one can never have too many potential lawsuits ready to file.
Can we sue our way to prosperity? "Yes, we can."
There can never be too many lawyers in bizarro-land.
I hope in DK that the taxes people pay go back to the people in some form.
Because in bizarro-land the taxes people pay go to businesses that would otherwise fail. Banks get "bailed out". Universities go after the student loan programs (as mentioned in the article). Pharmaceutical companies go after the medical benefits programs. And so on. Consumers can no longer afford the overpriced products and services of these failing businesses, so the businesses go after the government coffers: get the government to pay for them!
Denmark is one of the better countries you could live in anywhere in the world. Count your blessings.
"You've got the causality reversed. We're not bizarro world because we sue so much; we sue so much because we're bizarro world. To put it another way, it's not surprising that a small, high-trust, high-equality, high-consensus society like Denmark has much less need for formal dispute resolution than a large, low-trust, low-equality, low-concensus society like the U.S."
Notice how he shifts from bizarro-land to "bizarro world".
The rest of the world is not in all cases just like bizarro-land, or much worse. But when you are in bizarro-land, that's how the media often portrays it. And perhaps believing this makes it easier to tolerate bizarro-land and being stuck in it. Those with such a world view have my greatest sympathies.
"... low trust, low equality, low consensus society."
Sounds wonderful.
What was that old Star Trek episode with the "energy force" shaped like a ball spinning near the ceiling causing everyone on the Enterprise to fight each other?
"Well yeah, the legal profession is inundated with unemployed kids in debt up to their eyeballs. That's what makes it so great!"
Would you care to explain why? My guess is that you mean that a surplus of lawyers can cause additional demand for lawyers, which can't happen for physicians. Do I understand you correctly?
If you have too many doctors and not enough hurt people for them to heal, what are they going to do? Run around hurting people so that they can then heal them?
There are dangers with trying to predict demand for individual goods and services for larger countries/markets.
And this article shows that market signalling is largely not working in this case (because people do not approach education on a rational market basis).
And I'm fairly sure I've never heard anyone say "Oh crap - we've run out of lawyers."
Our system has problems, serious problems, but I don't think that the government telling us what we can and can't do for a living is the solution.
The only difference with the Danish example is that the government refuses to write a blank check (student loans) to law schools who want to take advantage of the naivete of students.
The US system would be vastly improved if the government stopped subsidizing the education industry's market distortions, or if the government actually regulated the education market. Right now it is the worst of both worlds with the government helping the education industry to fleece students and other tax payers.
The government pays a $1000/month (pre tax) stipend to all students for up to six years, and offers a similar sized amount in loans on very generous terms. As tuition is free, this is only to cover living expenses and study materials such as books. Taxes are high, even at that income level and so are living expenses, but it's still not a trivial sum.
Government paying education costs and regulating the price can work. Government paying education costs and not regulating the price is just corporate welfare.
Also, New Yorkers making >$400k are paying 52% (39% federal + 13% state), and those making just $100K are already paying over 40%. Californians are in a similar positions, although some states are cheaper to live in.
Yes, Europeans pay more in taxes, but they get more in taxes. If anyone is fleeced, it's actually the americans - the government is going into larger and larger debt, and at some point, the people will have to pay one way or another.
Apparently (from reading another comment), who gets into the schools is determined by their "high school" grades. That isn't the government deciding your faith; that is merit.
If you still want to get this kind of education, there seems to be private schools that you can attend (judging from the other comments).
But at least our system isn't "bizarre", so we can always feel good about that.