<p>Overhyped, have you seen the stock market today. I know that you might think this is short term, but there are plenty of people out there being layed off, lots of companies downsizing, Lots of investments worth about 40% less than they were at the beginning of they year. Overhyped? Do you live in such an insulated world that you think this economy isnt going to effect a lot of people. Do you really believe that people will be able to get home equity loans, or that all colleges will be doling out huge funds of aid. Don’t kid yourself. This may not be a new phenomenon, but this recession is going to have impact on college applications, and if not applications, than it will totally screw with the acceptance rates once the dissapointing financial aid packages are delivered.</p>