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Reply to "The students who get into top SLACs and top universities don't seem to be picking the former "
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[quote=Anonymous]OP is right. It’s a trend. Many SLACS were hurting financially before Covid, and weren’t in a good place to take the financial hit. Part of the issue is regional demographics. The college age population is not equally distributed across the US. Add an emphasis on STEM, and increasing cost-consciousness by students, and it’s a bit of a perfect storm. Even higher ranked SLACS are having a problem attracting men. https://www.cnbc.com/2019/12/03/the-other-college-debt-crisis-schools-are-going-broke.html https://chroniclet.com/news/203017/oberlin-college-finances-part-of-national-trend-for-liberal-arts-colleges/ Oberlin College is not the only four-year liberal arts college to take measures to improve its finances. Across the country, the number of college-age youths is shrinking as the population ages. That also means undergraduate enrollment is down, which in turn shrinks the amount colleges receive in tuition payments. Fewer students are expected to graduate high school in the coming years, with a story at EducationNext.com from fall 2018 saying the decline already has taken place in the Midwest and Northeast, where there are more small, private colleges than in other regions of the U.S.[/quote]
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