'Colleges at Risk: Falling Enrollment' by nowsourcing college collegeadmissions
In the past few years, colleges have experienced a decrease in enrollment rates that has ultimately led to several colleges merging with other schools or shutting down for good. In fact, undergraduate enrollment decreased by about 8% between 2019 and 2021, the
The pandemic has also contributed to the overall enrollment decline. In 2020, 56% of U.S. college students could not pay their tuition anymore, so many of them had to find a new way to pay for costs or ultimately drop out in order to find full-time employment. With more than 30% of parents using their child’s college fund to pay for finances during the pandemic, some high schoolers have to change college plans after graduation.
Schools like Ivy League universities also have the advantage of having degrees considered more valuable by the public than those at other colleges. Great endowments from charitable donations provide these schools with generous financial aid options for students as well to help with paying tuition.
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