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LizzyM said:Thre is an old saying: when unemployment is high, graduating seniors apply to grad school because jobs are scarce and they are unlikely to get a job right out of college. This is less true for professional schools although I suspect that there is a similar situation when unemployment is low and high salaries are being offered for entry level workers; a pre-med or pre-law student might take a job for a year or two with a brokerage firm or a biotech start-up with the hope of making some big money before going on to professional school. When those jobs aren't there (even if the economy is otherwise good), then it seems to make sense to go straight to professional school.
There might be some effect on the poor job market (including bursting of the dot-com bubble, and the post 9/11 economic downturn) on non-trad applicants although I would think that most of those applicants will be admitted by Fall '06 or will move on with their lives.



And by making some big money, you mean no more than $30K per year? This would be the market rate for someone straight out of undergrad.

Trust me I've been there, 30k would have been great, but I was a couple thousand short.