Summary
College enrollment among 18-year-old freshmen fell 5% this fall, with declines most severe at public and private non-profit four-year colleges.
Experts attribute the drop to factors including declining birth rates, high tuition costs, FAFSA delays, and uncertainty over student loan relief after Supreme Court rulings against forgiveness plans.
Economic pressures, such as the need to work, also deter students.
Despite declining enrollment, applications have risen, particularly among low- and middle-income students, underscoring interest in higher education. Experts urge addressing affordability and accessibility to reverse this trend.
Wonder if it has to do with all the “college bad. Why go to college for $100k for a $40k job…” social media trends and the “get rich on social media” trend, along with the fact that college can be really expensive.
Incoming graduates saw an entire generation go to college at the highest rates ever just to find a job market that left a record number of them with debt still on their name more than a decade later.
What were once institutions devoted to academia, have become corporate training camps ran by a board that runs the institution with a corporate mentality, and they enrich themselves commesurately.