11.02.2008

The Downturn and Higher Education

As the job market tightens, the financial downturn seems to be spurring greater demand for higher education, especially graduate level study.  At least that's the impression here in New Orleans:

Tulane Law School saw a 15 percent increase in applications this year, the first jump in interest the school has seen since Katrina.

"We're getting back to normal," Krinsky said of this year's spike in the law school's applications. "I think it will be very interesting to see what the application numbers look like (next year). Really, things didn't get dramatic until fairly recently."

I believe the school cut class size in the wake of Katrina to maintain competitiveness, so it's good to see a spike that may permit a return to normalcy.