I figured out how to change the default save location/workspace by creating a new project and picking a different directory.
Before, it was C:\\Users\\Name\\And
In Intellij/Android Studio, the project itself stores the directory of it's own location. In Eclipse, the IDE itself stores the directory of the projects.
I made a list comparing how Android Studio and Eclipse views workspaces and projects here= Change default save location of projects (or Workspace ) in Android Studio
I think you basically have to move each project or copy and paste all your projects somewhere else. This link might be helpful= How to move and rename a project in android studio?