The shortage of doctoral internship positions in psychology relative to the number of students seeking such positions has been an issue of concern for many years. This imbalance, which generated considerable distress in the psychology education and training community, reached its peak in 2012 when the number of applicants exceeded the number of positions by more than 1,200. That same year, about 2,000 too few accredited internship positions were available. Subsequently, the imbalance swiftly reversed course, resulting in a nearly equal number of participating students and positions in 2017, while the shortage of accredited positions showed significant improvement. This article examines the resolution of the imbalance that occurred between 2012 and 2017, including factors related to reduction in student participation and increased availability of positions. The potential impact of various interventions by the psychology community is discussed, along with the continuing challenges of fostering availability of sufficient accredited internship positions. (PsycInfo Database Record (c) 2022 APA, all rights reserved)