Quote:
Originally posted by Alex_de_Large
the Biz Journal (subscription required) reports that applications to Philadelphia-area law schools has remained high. No doubt this is a reaction to the abismal job market. For the sake of those in school (as well as everyone else, really)I hope it improves soon.
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A recession is a good time to BE in school, though not a good time to go to school. I think that people applying now, or starting now assuming the stats are trailing for the class entering this fall, won't graduate until 2007. We could go through a whole boom-bust cycle in that time, with some unlucky graduates who get offers in '05 for summer positions during a putative boom of '06 getting their F/T offers revoked after graduation (knock wood that it doesn't turn out that way, but it easily could).
Not to mention that I think going $100k in debt is a bad way to respond to a down economy...