We have a small D3 private college here in town. Something like 70% of their students (maybe more) play in some level of athletics. Continuing their careers draws a lot of kids to the school, including some who could probably play at a higher level but don't want to work that hard. And when you compare their cost to large publics, it's really not that far off once financial aid is taken into account. The problem will be if the investments that back up that financial aid doesn't come back.
The fear that all of this will make it easier to cut baseball has occurred to me (and to my son). Hoping that our status as Iowa's only D1 baseball program will serve as some protection, but I think almost everything will be up in the air these days.