"The number of teenagers graduating from American high schools peaked last year. It will begin declining this spring and keep falling steadily through at least 2041."
"About 60 colleges are closing on average each year; that number could double in any given year if the bottom falls out of enrollment."
"Members of the first group will be fine even as college closures accelerate. The second group will suffer. After many decades of democratization, higher education could once again become a luxury good."
"Over the past half century, as more teenagers have enrolled in higher education, what was once mostly a local business has become national, especially for top students."
The number of high school graduates in the U.S. peaked last year and will decline steadily through 2041, posing a crisis for colleges reliant on enrollment. Approximately 60 colleges close each year, a number that could double if enrollment drops sharply. While affluent students may still access higher education, lower-income students face diminishing options, potentially reverting higher education to a luxury status. The shift from local to national enrollment has changed the landscape of higher education, with technology facilitating communication between students and families.
Read at The Atlantic
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