Why more and more colleges are closing down across the U.S.
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Anonymous
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There is an interesting article (and better video) on CNBC about the state of colleges today and In the future. It also discusses college admissions this year, the record number of college applications to the better known schools in the test optional period and the impending "admissions cliff" in 2025.
The vast majority of the schools that are closing are private nonprofit schools. I found it to be an interesting article but the video is much better. https://www.cnbc.com/2023/06/17/why-more-and-more-colleges-are-closing-down-across-the-us.html I thought I would share. |
Anonymous
| Supply and demand. More and more will be closing over the next decade as less kids go to college for a variety of reasons. Less students graduating, more people intentionally foregoing college and more kids taking a forced gap year because they can’t believe that applying to 10 or 12 top 25 schools won’t guarantee admission. |
Anonymous
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90% of universities should close
They are pointless when you can learn most stuff via online or the public library if you are motivated enough |
Anonymous
| Only the top 150-200 colleges and universities will survive the next 25 years. (if you believe the hand wringers on this board). |
Anonymous
Now that’s funny. Good one, PP. |
Anonymous
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Serious question here:
What do you think will happen to the smaller public colleges in VA? There has been a decline in enrollment, which is happening across the board. What is the number of students where it is no longer feasible to maintain a campus and full curriculum? I have a kid at one of these schools and we are very happy with the program/campus. But, I am trying to be realistic and imagine what might happen since I don't see a big turn around in enrollment happening. What do you think the state of VA would do with these schools? |
Anonymous
| I’m confused. 2006 was a birth boomlet year. Birth rates took a dive in 2008–Great Recession. So how is class of ‘25 (kids born in 2006 and 2007) going to be lowest in years? |
Anonymous
| A lot of them appear to be slacs, and STEM degrees are a lot more popular then ever before. |
Anonymous
I think it is hard to predict what will happen to those smaller public colleges now, but you will obviously see the trends over the next 5 plus years. I also thought it was interesting to hear from the video that the largest decline in graduating HS seniors starting in 2025 will be from the Northeast, Mid-Atlantic States and the Midwest. That does not bode well for small colleges in these ares. |
Anonymous
VA has great public universities, but as enrollment declines it will have no choice but to let some of them close so that those that remain can receive sufficient funding. The other alternative would be to go the Penn State route and have a number of satellite campuses for UVA. |
Anonymous
Can I draw you a picture of a cliff? 2025 is the top of the cliff, down from there. |
Anonymous
| Parents don't want to send their kid to ranked college 1,00# . That's why. |
Anonymous
SLACs also offer STEM degrees. "Liberal arts education (from Latin liberalis "free" and ars "art or principled practice"), also known as the liberal arts and pure sciences, is the traditional academic course of study in Western higher education." --Wikipedia |
Anonymous
The top places to study STEM do not include SLACs |
Anonymous
“We’ll be graduating our lowest high school classes by population in 2025.” Says the article. |