Law school dropout tries to sell his name

Jan. 10, 2013 at 4:35 PM

CHARLOTTE, N.C., Jan. 10 (UPI) -- A North Carolina law school dropout facing $100,000 in student loans is auctioning off his name but isn't having much luck.

Jason Madsen attended the first year of classes at Charlotte Law School before deciding it wasn't a good fit. Between that and his other expenses, Madsen said he owes $100,000 in student loans, The Huffington Post said.

"I don't want to be an indentured servant to the Department of Education for the rest of my life," he said.

To help ease the burden, he's put his name up for auction on eBay. He initially asked a minimum of $75,000, but that's been reduced to $35,000.

He said any business or group could change his name to whatever they want, provided it wasn't offensive.

As of 4 p.m. Thursday, about 13 hours before the auction was set to close, there were still no bidders.

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