December 8, 2008
Grad School Enrollments Drop, Business & Law School Enrollments Increase, During Recession
Today's Chronicle of Higher Education and Inside Higher Ed report that the number of students taking the Graduate Record Examination will decline in 2008, the first time in history that the GRE has seen a fall in test-taking during an economic downturn. In contrast, business schools and law schools apparently will continue to be safe ports in the economic storm, with GMAT (10.4%) and LSAT (6.2%) test registrations both up sharply this year (although, as I noted last week, a big contributor in the surge in LSAT takers is the ABA's rule change requiring law schools to report a student's highest, rather than average, LSAT score).
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When will these people ever learn...
Tax LL.M. Grad: $150k Student Loans, 300 Letters to Law Firms, 1 Interview, 0 Job Offers
And stories like this appear during times of economic boon too.
Good luck buying a home.
Posted by: steven | Dec 8, 2008 9:49:47 AM
I think you are wrong about law schools. The number of new test takers is down a couple of percent. The number of test takers overall is up, soley because of the increase in repeaters.
Posted by: David Yellen | Dec 8, 2008 9:26:40 PM
"Tax LL.M. Grad: $150k Student Loans, 300 Letters to Law Firms, 1 Interview, 0 Job Offers"
School? GPA? Class Rank?
I suspect you made an unwise investment in a subprime law student.
Posted by: Ming the Meciless Siamese Cat | Dec 9, 2008 1:43:05 PM