It is high school students, and not the schools, that are doing the rejecting these days. And not because they don’t want to go to school, but because they can not afford to. The economic downturn has student hopefuls putting the breaks on their education, at least at the pricey institutions.

The market volatility has forced many students to re-evaluate their situation. Senior Tess Rusin had her heart set on attending New York University, but now says it’s too expensive. “When the economy took a downturn, 66% percent of my college savings disappeared — and I’m not getting it back,” she said. Students are now forced to turn to Plan B.

Read the entire article at Student Loan Help &raquo: