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Students and universities are strapped for funds, with little relief in sight

Source: economist.com Posted By: Bill_A 4196 days ago

THE class of 2009 will be almost the largest in America’s history. More than 3m students are getting their high-school diplomas in late spring. Those who plan to go on to university have been told for years to expect a rough time: with so many students applying, winning admission to their college of choice will be a challenge. But those who clear that hurdle will find that their problems are just beginning.

College life is an enviable set-up given the job market at the moment. It comes at a price,....

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