MBA News: Cornell-Johnson Application Volume Down by 14%

It seems that everyone, including us, expected that application volume would be surging this year, across the board. While the first round numbers were indeed higher at several schools, the later rounds seem to have shown a significant drop-off. The Johnson School at Cornell is the most recent school to report surprising numbers (MIT, Tuck and Ross all reported their own surprises recently), informing the Cornell Daily Sun that it has seen a 10-15% rise in domestic applications, but a 30% decrease in international applications, for an overall decrease of 14%. Concerns about the availability of loans for international students appear to be keeping international candidates from entering the applicant pool, thereby creating greater opportunities for domestic applicants.