Lead: Enrollment patterns diverged across the U.S. higher‑education landscape this week as the University of California reported record headcount while a small New England college disclosed it fell far short of recruitment targets. The UC system said total enrollment topped more than 301,000 as it prepared for an imminent state budget debate in Sacramento, reinforcing its scale and influence. By contrast, Hampshire College in western Massachusetts reported it enrolled roughly 150 new students versus a 300‑student target for 2025, leaving the institution operating at about 750 full‑time students and amplifying questions about the sustainability of small residential colleges. Why it matters: Large public systems continue to capture scale advantages and political attention, while smaller private institutions face intense competition for a shrinking pool of traditional‑age students. Enrollment divergence will drive funding shifts, program consolidation and strategic partnerships in regional markets.