The New York Times reported yesterday about US colleges’ need to admit more affluent students this year, as endowments have plummeted along with the stock market. The article notes that even need-blind schools (like NYU) are finding ways to increase the number of students who can pay tuition, often by admitting more international students.

Colleges note that “the inevitable result is that needier students will be shifted down to the less expensive and less prestigious institutions.”

It’s unclear whether or not NYU will attempt to pull in more full-paying students – it was not exactly notorious for doling out the financial aid even before the stock market crashed. But, if I had to guess, based on the falling endowment and cost-cutting plans, we’ll likely see an increase in the number of international students admitted to the class of 2013.

Photo courtesy of Flickr user Steve Wampler.