The hypothesis that an economic recession in society leads to class equalisation in the recruitment of new students to higher education is tested, using data from Sweden. The 1990s is a period suitable for these analyses, as the recession started in 1991, reached the highest unemployment level in 1993; finally, at the end of the decade the labour market recovered. Multivariate, binary logistic regressions of entry into higher education are performed with gender divided analyses. Register data from Sweden comprising the total population in the age range 18-21 years from six cohorts are analysed. When the labour market was the most difficult, more young students from lower classes entered higher education. When the labour market recovered, men from lower classes tended to abandon higher education. However, women from lower classes continued to increase their involvement. The result indicate that the Swedish Scholastic Assessment Test, works in favour of men from higher classes through repeated test taking. The hypothesis about the influence from the labour market was supported for the group of men, while results were less clear for women. The results indicate that future research must carefully consider gender aspects.