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Economy sending students back home to college

Admissions directors at public universities around the country are reporting bumps in transfer applications, said Barmak Nassirian, a spokesman for the American Association of Collegiate Registrars and Admissions Officers. Indiana University has seen a 23% increase in transfer applications for next fall; the University of North Carolina had a 15.3% increase; and the University of California system saw an 11% increase in transfers of in-state students.