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College enrollment on decline

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  • College enrollment on decline

    From the Wall Street Journal (I don't have a link...pulled this from a news summary I receive).
    With the high cost and growing student debt, we don't hear as much about college being worth it regardless of the cost -- a common thought 15 or more years ago.

    College Enrollments Fall Again, With Some NotableExceptions
    Overall enrollment at colleges anduniversities is down for the seventh year in a row, continuing a trend that isputting pressure on many smaller schools even as some bigger schoolsthrive. Nationwide enrollment declined by 1.7%, or by nearly 300,000students, according to a spring report from the National Student ClearinghouseResearch Center, a nonprofit higher-education research organization. There aremore than 17.5 million undergraduate and graduate students in the U.S.,according to the group. Falling enrollments are creating winners andlosers, with many small schools such as Green Mountain College in Vermontclosing down. But nationwide, larger, more academically elite institutions arethriving. Virginia Tech in Blacksburg, Va., sent an email Tuesday to agroup of about 1,500 incoming freshmen offering them financial incentives todelay their enrollment and avoid overcrowding next academic year. Floridaand Alaska led the enrollment declines by percent change, at 5.2%, and Illinoissaw a drop of 5%, the group said. Florida lost 48,000 students and Illinoislost 30,000. In California, the country’s most populous state, enrollmentfell by 45,000 students, or 1.9% from last year.