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Economy May be Hurting Colleges, But They Still Want You to Apply

By Mark Bevis on Friday, February 6, 2009.

Colleges and Universities are among those institutions most closely watching the stock market these days.

Across the country, their endowments are down, on average, about 25% since July.

And that means hundreds of millions of dollars lost, and cutbacks ranging from construction delays to hiring freezes.

But as NHPR’s Mark Bevis reports, the institutions may be hurting, but how that’s going to affect current or incoming students is mixed.