The one thing holding them back is accreditation. As lax as the accreditation standards are, I believe schools do have to have a certain % graduation rate, as well as a certain % NAPLEX passing rate. So schools that let in anyone who can get a loan, and then graduate them no matter what.....when those students all flunk the NAPLEX, then the school can be put on probation and possibly lose their accreditation status. This is the real reason some schools are scaling back their classes, because they don't have enough "quality" applications (ie applicants that the think can reasonably learn the pharmacy curriculum and be able to pass the NAPLEX), so these schools are scaling back class size, rather than risk their accreditation.