<p>Consider this…attaining a university education is just as consumer driven as the purchase of a home or automobile. I presume that this is the reason why the student population at Elon, to a large extent, hails from the northeast/Atlantic Coast. Comparable schools located in the northeast and west coast can generally cost upwards to 8-10K more than Elon. If the schools are truly comparable to the consumer, than Elon reflects value. Ten thousand applicants for approximately 1500 positions speaks to value. Until the endowment reaches some philanthropic critical mass, value to consumers will trump economic diversity. Hopefully as the endowment grows so too will the diversity ~both economic and racial.</p>