- Joined
- Mar 7, 2005
- Messages
- 27,762
- Reaction score
- 51,591
If you look at the recession graph, you'll see a long recession near 1980. Look at the applications graph and you'll see that applications declined from 1980 all the way top 1990.
The baby boom peaked in 1957. Those babies graduated college in 1979 and 1980. After that, the pool of first time, traditional applicants declined as the pool of 22 year olds declined.