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Higher education has a problem. Well two problems.
1. Much of it is worthless
2. Potential students are opting out
Viewed in that light, Biden’s student loan forgiveness scheme was not just about propping up his party, but also a failing system. Student loan debt is astronomical, but so is institutional debt. And there’s some troubling numbers that suggest that colleges may be too big to fail, but failing anyway.
Undergraduate enrollment in the U.S. topped out at roughly 18 million students over a decade ago, according to the National Center for Education Statistics.
These days, only about 62% of high school seniors in the U.S. immediately go on to college, down from 68% in 2010.
Taking a closer look at those numbers, “between fall 2010 and fall 2021, total undergraduate enrollment in degree-granting postsecondary institutions decreased by 15 percent (from 18.1 million to 15.4 million students).”
Some of this is pandemic related and some is the usual men continuing to abandon college, but not just.
In fall 2021, female students made up 58 percent of total undergraduate enrollment (8.9 million students), and male students made up 42 percent (6.5 million students). Between 2010 and 2021, male enrollment decreased by 17 percent (from 7.8 million to 6.5 million students) and female enrollment decreased by 13 percent (from 10.2 million to 8.9 million students). Over this period, male enrollment saw its largest single-year decline in fall 2020 (7 percent), while female enrollment saw its largest single-year decline in fall 2021 (3 percent).
Enrollment for white and black students fell by 28% and 27%, but rose by 30% for Hispanic students and 7% for Asian students.
There are projections that enrollment will increase, but they’re just that. The current economic shakedown and the labor market have allowed some people to get casual jobs that pay well, meaning that a bunch of people in their twenties may not go to college and if they do, it’ll be later in life, and likely involve online courses.
So you can see why colleges are nervous. With costs going up and loan forgiveness shaky, their client base is walking away from them.
Well, since mommy and daddy often times pay the bills (we did for our son), colleges SHOULD be nervous. If his school of choice had hosted a pro-Hamas rally, my son would either no longer be going there or attending on his own dime. I’m pretty sure I know what his choice would’ve been.
Don’t bother wasting your time and money at some leftists run University their just Indoctrination Centers for Big Brother
This situation is really quite simple. Once there was a guaranteed amount of money for loans, schools raised their tuition accordingly. More money, Goody! But the downside was that people just signed the loan papers and found themselves in huge debt from a government controlled entity. Back when minimum wage was $2.00 an hour, you could work for 200 hours and pay a semesters’ tuition. A job in the summer and after school would suffice. The govt subsidy allowed a huge rise in fees.
The number of graduates rose and worthless degrees were mailed out. White collar jobs were not available. The answer was adding administrators to the schools themselves and government and ESG administrators. We now have more administrators than students in the colleges.
Lastly, the low standards for admission were lowered again to allow any idiot to sign up for gender or race studies and end up in debt forever. Boys are wising up and getting off of the boat. Only the girls wanting a matrimonial meal ticket arrive on campus in their hunting attire or lack thereof.
It will collapse soon.
Their “hunting attire” LOL. I went to a state college before the tuition went nuts. It was all paid for as I went. Looking back, the girls there WERE in man hunting mode constantly. They let the boys sample the wares as they decided if they wanted to keep us. Athletes were first in line of desirability, frat boys second, and surprisingly, business majors third. I guess they thought we would be able to get a job. Hunting attire is a perfect and astute way to put it.
What will happen to all those empty college campuses? Will they go the way of empty malls?
Omar and Tlaib have a plan for them.
The real intelligent people don’t want to go to colleges anymore.
The Government should not be paying for college ! It’s just a way to make Universities richer ! And to change our culture ! This is the Democrats way ! That is why tuition has gotten so high !Teachers need to go back to teaching American values and morals ! Instead they have become Greedy and indoctrination centers to destroy America !