With the bleak economy looming large in the American psyche, more high school seniors are setting their sites closer to home. The high price tag of private schools seems a bit too daunting, as private higher ed institutions are seeing their overall enrollment numbers fall while public institutions are encountering the opposite problem: more students, less state money. California and Florida have been forced to cap enrollment at their state run institutions. Overall applications for four year intuitions are down, which admissions officers are attributing to the current financial reality.

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