A friend was asking me how I thought the current recession was going to affect medical school applicants.
Historically, when the economy has worsened medical school applications have increased. Presumably, this is because medicine is a stable field; it's rare to find a doctor who wants to work who's unemployed. Furthermore, with the credit crunch, it's probable that medical schools will have poorer financial packages available for potential students.
All in all, the financial situation makes things harder for medical school applicants in more ways than one. Because the application season already got underway prior to the most recent financial downturns, I'm hoping the changes won't be felt until next year (or later).
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