It's hard to say.
First, full-time applications aren't up significantly from last year actually - it was expected to surge but the word from the adcoms is that it is flat to slightly up at best thus far.
As for part-time, my hunch is that it will be flat to slightly down -- in this kind of economy, people are trying to save as much money as possible (and their jobs too). Folks may want to "upgrade" their skills, but whether they're willing to spend gobs of money to do so is debatable - some will, some won't in this economy.
Alex Chu
alex@mbaapply.comhttp://www.mbaapply.comhttp://mbaapply.blogspot.com