Business Schools see a decline in applications

Much like law schools, applications are down year over year. Some of this is attributable to the poor economy but part of it as well I suspect relates to the growing gap between cost (both in terms of tuition, but also of opportunity cost) and the actual or perceived value any of these higher degrees actually provide.

http://www.insidehighered.com/news/2011/09/13/two_year_mba_programs_see_decline_in_applications_gmac_says