Calculated Decisions Factor into the Economics of a College Education by ProQuest

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[...] in a recession, schools having to curtail expenditures may not be able to generate, supply or underwrite these enticements and, therefore, risk losing the recruit. Or, the farther away a school is from a student's home, the less likely the student may apply or enroll. Because of the recession, many more students who have limited funds and who need to save on travel expenses may choose to attend a school a short drive away or opt to live with mom and dad, thus changing the relationship between the distance from home and the likelihood to apply and enroll (not to mention campus housing) observed in previous years.

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