Schools in Indiana and nationwide are preparing for a significant drop in the number of high school graduates – which experts say will eventually lead to a dramatic transformation of higher education. Economist Nathan Grawe warned that not all colleges and universities will feel the demographic pain equally. He projected that elite schools—those ranked in the top 50 by U.S. News & World Report—will see a smaller enrollment decrease. In Indiana, that includes the University of Notre Dame, which ranked 15th nationally. Purdue University this year ranked 57th.