Quote:
Originally Posted by Crawford
And demographic trends would be more relevant in the higher growth states, bc they tend to have fewer private or legacy institutions. Over the last 50 years, it was harder for (say) UConn to be highly selective compared to (say) UCSD, bc UConn has a billion competing institutions in proximity, and had flat local student population trends.
|
Yeah, there's a huge and growing crisis in higher-education which is spawned by the decline in numbers of college-age students. There's just way fewer zoomers than millennials, and it's only going to get worse. Particularly given there's also been a downturn in the number of international students post-COVID, there's nowhere for many of these institutions to go but down - and it's almost entirely concentrated in the Northeast and Midwest, due to that being where the number of 18-year olds is falling most rapidly.
So far, it's really only smaller private colleges which have closed, although enrollment drops at second-tier state university systems are catastrophic enough they are also getting scaled back/merged.