I've been planning my MBA apps for over a year now, but with hiring freezes at my company and friends struggling to land roles, I'm nervous. Do applications actually surge during downturns? I'm feeling like my "perfect timing" might now mean competing against a flood of applicants waiting out the job market. Thoughts?

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Yes. Applications have historically increased during market downturns - lower opportunity cost of applying across the board.
But I wouldn’t try to time the market. It’s rare that you can predict what will happen. And even if applicant volume goes up 20%, I’m not sure that has a truly material effect on your outcomes

Exactly. The people applying because they have no other options are usually not competitive applicants anyway

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