US financial crisis impacts college choices

Another great article in The Christian Science Monitor:

The nation’s financial crisis is forcing college students and college applicants to take a long, hard look at what they can afford and what value they place on investing in higher education.

For some, college will now have to be a dream deferred. Others are adjusting their dream to trim costs.

Nearly 60 percent of 2,500 high school seniors were considering a less prestigious college for affordability reasons, according to an early October survey by scholarship-search website MeritAid.com. Also, 14 percent of the seniors changed their focus to a two-year college and 16 percent put their college searches on hold.

Read the entire article on the CSM site.