This article discusses how colleges and universities are taking drastic measure for difficult times. Hit hard by the global financial crisis, colleges are cutting their budgets in ways that prompt fears about access and retention for minority students. Schools are considering layoffs, unpaid furloughs for faculty and staff, hiring freezes and elimination of courses. Some are trying to generate resources--Clemson even asked its football team to kick in some of its earnings to help out. Financial aid is in for a big hit, which might make it impossible for many students to continue their education. Minority-serving institutions, including historically Black schools that have long struggled financially, can expect to be especially hard hit.