The WSJ has it as "dismal" in their piece.
I say yes and no. All seven people I wrote letters for have received offers already and two have cleared, one to Kent State and one to Holy Cross. My sense is that some but not all of the students are going to places a bit lower in the pecking order than I would have expected had they gone on the market, say, two years ago. So, not great but not quite a disaster either.
Hat tip: Lones Smith (no relation other than that we both went to Chicago around the same time)
Who was my favorite student this term?
7 months ago