“Peak higher education” was in 2013. Now universities are caught in a death spiral of declining enrollment.
https://www.theatlantic.com/education/archive/2018/06/heres-how-higher-education-dies/561995/ Why is the dip in enrollment such a big deal? Well, quite plainly, the business model for a lot of colleges is dependent on enrollment. If enrollments decline, revenues decline, and colleges have less money for facilities, faculty, and programs. That creates a sort of death spiral in which colleges are getting rid of programs, which in turn makes it harder to attract students, and so on. For non-selective private liberal-arts colleges, this could […]