The article presents information on how a recession could affect enrollment in U.S. colleges and universities. The author explains that the U.S. economy has slowed to less than 1 percent growth, indicating that the country is close to recessional status. Economist Michael S. McPherson explains that colleges do not normally plan for such contingencies and he explains how recessions affect public colleges, state government finances, and research universities and teaching hospitals. He discusses affects on the economy in various parts of the country, community colleges' management of increased enrollment and financial shortages during a recession, and related difficulties with student aid and loans.
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