Students in general (in my area): No.
Multi students? Yes. In my opinion, due to the proliferation of cheaper, faster GA airplanes like cirruses, G36 Bonanzas and Cessna 400's, multi engine ratings are way down. Pretty much the only people to get ME add-ons any more are aspiring career pilots (whose numbers are way down due to the economy and inability to get loans)
There are exceptions to this, but that seems to be the rule. Any buying of multi time, even if you split it half way comes out well north of $100/hr.