Are out-of-state students crowding out in-staters?

Mary Beth Marklein:

For Virginia native Max Wilson, getting into the University of Vermont, his top choice, practically was easier than driving up to start his freshman year. Not only was he accepted early, he was admitted into the honors college, which landed him in a brand-new dorm — “an awesome perk,” he says.
Compare that with Steve Connor, whose family lives just 45 miles or so from campus, in East Montpelier. With his solid grades and extracurriculars, everyone thought he was a shoo-in. Yet Connor was one of 92 Vermont applicants placed on a waiting list, a first for the university. Only after weeks of uncertainty did he finally learn he was admitted for the fall.
Sparsely populated states and those with tight higher education budgets always have relied on non-residents and the higher tuition payments they bring to help sustain their public universities. Tiny Vermont falls into both categories.