Summary
College enrollment among 18-year-old freshmen fell 5% this fall, with declines most severe at public and private non-profit four-year colleges.
Experts attribute the drop to factors including declining birth rates, high tuition costs, FAFSA delays, and uncertainty over student loan relief after Supreme Court rulings against forgiveness plans.
Economic pressures, such as the need to work, also deter students.
Despite declining enrollment, applications have risen, particularly among low- and middle-income students, underscoring interest in higher education. Experts urge addressing affordability and accessibility to reverse this trend.
My daughter did one semester and has spent the last year paying off debt from it, she paid off the big bill at least. She wants to go back, but this time at least she’s listening to us about paying in-state tuition and not living in the dorms etc.
Which I personally feel sucks for personal growth. no way i woukd have survived my first year without being so far from home. Plus It was nice doing homework with everyone on whim instead of planning times.
Yeah the cost FAR exceeded the value for out of state tuition plus dorms. And as her dad, I’m only two weeks from no income. I am self employed and have been contracted with a small nonprofit, but my pay is ending and I don’t qualify for unemployment. All of my savings have been blown the last few years. Unfortunately when it comes to her college stuff, for now she’s on her own.
My partner got 70k in loans because parents were in the same boat at the time. Still paying them off almost 20 years later. Travesty anyone would be in this position.