Grad school applications are pouring in as the economic downturn prods many to continue their education instead of entering an uncertain job market. With entry-level job postings down as much as 25 per cent, U of T has received 12,631 grad school applications so far this year, a nine per cent increase from last year according to grad student dean Susan Pfeiffer. Applications to Queen’s MBA program have doubled since last year, and undergrad applications are also at record levels.

Gregg Blachford, McGill University’s director of career planning services, remains encouraging. “There are still jobs and […] opportunities out there, especially for university graduates,” he told the Globe and Mail. Many experts agree that the downturn will likely only delay career advancement, before evening out when the situation improves.