Anonymous User wrote: My "anecdotal evidence" wasn't from Michigan students, it was from friends at NYU/Columbia who said that the number of people they knew who were 0 or 1 for ~10 callbacks was unusually high and that it seemed as though firms were calling back a far higher number of people relative to their hiring needs than normal. It could be that class sizes are shrinking and callback amounts remain the same, or vice versa. But this may not affect Michigan students that much anyway since i'm sure firms put a little more thought into the callbacks that are going to cost them ~$1000 than the ones that don't cost anything.
Again, totally anecdotal, but thought it was relevant to pass on given the OP's situation.
Actually, I'm not so sure that your information is relevant to Michigan students. Not to pile on anecdotes, but I know an associate who does recruiting at her NY firm, and she said that the call back calculus with local schools (Columbia, NYU, Fordham...) is much different than it is with non-local schools like Michigan. In her words, if it will only cost a cab ride, her firm has no problem "giving a student a second look". But the standards are higher when a call back costs the firm a flight, hotel, transportation, and per diems. This could just as easily be the cause of the divergent cb/offer rates between Columbia/NYU and Michigan and not a shrinking economy.
Also, FWIW, on one of these threads there's a link to Columbia's cb/offer rates. If you dig you can find it.