Law and Business School Applications Rising With Gen Z Amid Hiring Freeze
“The numbers show just how anxious recent grads are.”
As this article suggests, this is largely an effort to buy time to figure out what to do next.
Forbes reports:
Good news for law schools and MBA programs: applications are on the rise. Amid a challenging job market, students are turning to what they see as a safer bet—skilling up in hopes of becoming more attractive to prospective employers.
Gen Z graduates have faced a difficult path to landing full-time roles out of college. The entry-level job market has been challenging, with limited opportunities and the threat that AI tools will automate their roles.
Instead of facing the bleak job market head-on, law school and MBA programs buy more time to figure out what’s next while safeguarding themselves against the technology.
The numbers show just how anxious recent grads are. The current pool of applicants to American Bar Association-accredited law schools is 33% larger than it was this time last year, according to data from the Law School Admission Council.
Hat tip to the TaxProf Blog.
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b/c tax funded grants/“loans” are really welfare in disguise
The economy is a lot worse than people are willing to admit. We are hardly in a golden age, Tariffs are Tax’s first cousin and Minimum Wage’s second cousin. It has less of an immediate impact than the MW, but the pain will trickle down. Tax cuts generally have an immediate negative impact before a steady and very positive impact. Tariffs have the opposite effect, I realize these are broad statements, but just speaking historically. Fed policy, government spending and debt also play a role.