In today’s day and age, millions of people are experiencing tremendous financial problems. Today’s cause will effect tomorrow, this term applies to the population who has been affected by the financial crisis. It especially applies to new coming college students who are currently suffering huge cuts in their classes, or even admissions to the college of their dreams. These effects are occurring due to the fact that the Nation is encountering a recession. This recession is greatly changing lifestyles and educations, thus students must cope with the problems the nation is facing.

    As the American economy once again finds itself in what we call a ‘Recession’, a constant change in living patterns becomes a main discussion of people around the country. Some people are forced to take money out of their savings account to pay for other expenses and no longer have as much money to spare for the college tuition of their children. Even those who have not had to resort to the college funds of their children to pay for various necessities are experiencing more trouble than ever paying for college. The rise in college prices has become outrageous and what is even worse is that prices are not expected to drop any time soon. Liz Weston states that this a result "the percentage [of students] actually attending college is bound to increase further, as fewer and fewer decent jobs remain for those with just a high school education." ¹ In fact, "the number of college-age people is expected to grow from 17.5 million in 1997 to 21.2 million by 2010." ¹ Colleges are having difficulties finding room for the students and therefore classes are becoming less available. The consequence: a longer amount of time to complete college credits. According to the National Education Association, small cuts in state support may be the reason as to the excessive increase in tuition. NEA says that "state support of higher education often drops during recessions, which either means wrenching cuts in higher education operations or painful increases in tuition. Most public colleges do both." ² This is an unfortunate situation that will be difficult to work through. Students need to continue to attend college however it seems as though other alternatives will have arise that will meet the standards of a professional career.    
    The economies recession has greatly affected the UC and California State Universities, which in return will affect the college-bound students. Due to the budget crisis, UC President Mark Yudof stated, “The UC system could lose as much as $65 million in mid-year cuts at a time when it is already under funded by $1 billion…” ³ Since the funds for education are limited, many cut backs are being made. The schools are releasing teachers and cutting back on classes being offered. As Yost talks about the California State Universities, he says, “…[the] system plans to eliminate 10,000 admission spots for the 2009-10 school year…” ⁴ Since their will be a reduction in freshman enrollment, many qualified students will be turned away. CSU schools only require a student to have a B average for acceptance but now the schools are raising their academic standards. “The California State University system for the first time in its history is proposing to turn away qualified students due to a worsening state budget crisis,” ⁵ explains Holland in the Los Angeles Times. The millions of dollars of reductions in the budget will be the reason why several students are denied admissions into college.
    As millions find themselves challenged in this economic crisis, the young adults in the population face an even bigger issue. They must confront rejection and depletion of courses in the area of education. The question is how are students to handle these problems? There is only one solution, and that must be the improvement of the nation’s economy. While the nation finds itself vulnerable to financial issues, students will continue to abide with economic and school difficulties.