A new study reveals a concerning trend of declining enrollment in higher education, driven by factors like fewer high school graduates pursuing college, rising skepticism about the value of degrees, and a strong economy allowing for good jobs without a college education. The study highlights the potential for widespread college closures as a 'major higher education policy issue'.
“a decline in the share of high school graduates going to college, and a decline in older student enrollment due to a solid economy”I wouldn’t be surprised if it was many more than that. The higher ed apocalypse has been building up for years now.from the State Higher Education Executive Officers Association. Over the past eight years, more than 100 colleges have shut down,The authors of this study call the trend “a major higher education policy issue.
These three factors are “a decline in the number of high school graduates in much of the country, a decline in the share of high school graduates going to college, and a decline in older student enrollment due to a solid economy.” “Not much can be done about the first factor, as it’s a math problem that colleges cannot solve,” Kelchen told“The second is something that may change in the future when we get the next recession, but there is more skepticism about the value of higher education than in the past,” he said. “And the third is largely due to the ability to get decent jobs now without college, which typically changes during recessions.
These included declining enrollment, weak finances that have triggered federal oversight, demographic shifts, and an overreliance on tuition revenue. Researchers found 84 of these 100 institutions had closed within three years.
College Enrollment Higher Education Economic Factors College Closures Education Policy
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