Sequestration's Effect on College Students

Sequestration won’t just affect workers in the D.C. area but students, too – especially those who rely on financial aid.

University of Maryland President William Loh sent an email to students describing what he called devastating cuts that will "directly affect two critical areas of the university -- financial aid and funded research."

Freshman Anthony Adedoyin read the email before heading to class Friday morning.

"It could negatively affect how I attend the university,” he said. “I might have to transfer if I can’t afford it."

Parents are worried, too. Jim Haas and his son visited the campus Friday as they try to decide which college to go to and how to pay for it.

"It's a little scary, a little disturbing,” Haas said. “I don't know if the president is just posturing, but it’s worrisome."

Seventy-five percent of the undergrads at Maryland receive some type of financial aid. The average is more than $7,000.

"I'd probably have to get more private loans, which would be tough to pay back,” junior Alta Haddock said. “I don't know what I'd do. Probably pick up more hours at work."