Ben S. wrote:Unfortunately will continue to rise until the demand drops, which due to credit crunch will likely be next semester.
It will be interesting to see how the economic downturn hurts enrollment. Historically, private universities are hurt the most by economic hard times, as more and more students choose to attend local, in-state options. Community colleges see attendance rise as a result of people looking for the best bargain. State schools lose people down the ladder (to community colleges) but also gain students who might have looked elsewhere during better financial times.
More and more students, though, are going in debt for education so the availability of loans, as you hint at, could change these trends. I know loans are disbursed over two semesters, but I don't know what the likelihood is of losing loan money after receiving the 1st semester installment.
FWIW, Louisville had its biggest freshman class ever this year. And I'd expect very little dropoff next year regardless of the economy. Education becomes even more valued when the economy gets tough.
Thinks the frosty mug is the low point in American history.