College closures expected to spike amid ‘unprecedented fiscal challenges,’ Fed research finds

[Tommy Gadberry]

https://www.cnbc.com/2024/12/11/college-closures-could-jump-amid-financial-challenges-fed-research.html?utm_source=firefox-newtab-en-us

Not only are fewer high schoolers enrolling in college immediately after graduation but the overall population of college-age students is also shrinking, a trend experts refer to as the “enrollment cliff.”

“One key challenge is declines in enrollment, as the number of students enrolled in degree-granting colleges and universities fell by 15% from 2010 to 2021,” the Fed researchers said.

These days, only about 62% of high school seniors in the U.S. immediately go on to college, down from 68% in 2010, government data shows. Those that opt out are often low-income students, who increasingly feel priced out of a postsecondary education.

[untbowler]

good, some students getting smart that they do not need a College Degree to succeed, find a passion and work hard and a blue collar job will make way more than some white collar degree and $200k in debt