You would think they could see it coming.
Posted on 12/30/2024 6:11:16 AM PST by Libloather
It’s no big secret that the cost of attending a four-year college or university in the United States is out of control. It’s almost gravity defying how the cost of college has increased relative to regular inflation over the past twenty years. In fact, more than 500 nonprofit private colleges have shut down in the last decade according to the Wall Street Journal, which was "three times what it was in the decade prior."
The news is about to get worse, and there is a stern warning announcement coming from the pilot in the cockpit. 2025 is going to have a lot of turbulence followed by potentially weekly plane crashes of colleges and universities who can no longer afford to open their doors. This new reality is the ultimate law of supply and demand and families in America are voting with their feet.
Enrollment
Trend experts have new terminology they call the "enrollment cliff." The number of students enrolled in degree-granting colleges and universities fell by 15% from 2010 to 2021 and only 62% of high school seniors in the U.S. immediately go on to college right now.
That’s a stark contrast to almost fifteen years ago when the number was 68% in 2010, according to government data. Many of the students who opt out of a postsecondary education are low-income students, but even those with means are beginning to choose alternatives. We’ve also seen a spike in the competition for state colleges and universities where parents can enjoy in-state tuition and other possible grant programs offered for only in-state students.
(Excerpt) Read more at foxnews.com ...
“2025 is going to have a lot of turbulence followed by potentially weekly plane crashes of colleges and universities who can no longer afford to open their doors.”
And just like that, the housing problem is solved...
This is a good thing. Young people can work in trades and realistic careers.
Universities need to be reserved for STEM type degrees. Eliminate fluff and over-reliance on kids games (sports)
Probably lower the costs to a more reasonable amount
Perhaps some smart colleges could offer a core liberal arts course stripped of innumerable majors, minors, electives, and various “studies” departments, and taught with a minimum of staff. Look at the colleges a hundred years ago and see how they could operate with a fraction of the staff that they have today, while offering a better education. Also get rid of the culture of “publish or perish.” Put the professors back in the classroom.
similar is also happening in public high schools and elementary schools......parents do not want their kids exposed to woke ideology and are finding other means to educate them.
Where I am no less than 30 public schools are slated for closure and it’s directly related to that very reason.
I don’t find it hard to believe, but don’t these colleges have professors of economics and finance that didn’t realize that the college tuition spiral was unsustainable.
Yes, youngsters can learn about the 57 genders and ethnic studies in middle school. No need for college level classes for that. Although the universities can be useful for the Alt. History courses they teach.
The US is grossly overpopulated by university types.
As I understand it, interest in learning traditional trades as a career is on the rise......while I will never independently wealthy a trade sustained my entire career and I was able to retire at 59-1/2.
I’m not knocking college degrees but we have all we need and I did it all without one.
College just isn’t for everyone.
Then we need to change laws at the state and federal level that require college degrees to enter certain professions.
At one time one could sit for the CPA exam after having worked for so many years in an accounting firm Not any more, most if not all states require at least a four year degree and in some cases a fifth year to sit for the exam.
My mom worked for the IRS for over 30 years and became an enrolled agent after she required. She knew more about income taxes then most recent accounting graduates. She only finished high school.
Trades are great careers and train young people up for excellent future salaries. The only problem is that they don’t get the well-rounding that a good liberal arts college will give them. But since that rounding has become indoctrination into depressing progressive philosophy, I’m torn. Isn’t there a market for a smaller conservative college with all the excellent conservative professors who have been pushed out of the liberal everyone-think-alike schools? Essentially a 2 year college of excellence that encourages the trades at the same time. Wouldn’t it be fun to talk art history with your electrician while they work?
Paying upwards of $100k per year for a worthless degree in ‘Minority Lesbian Women’s Studies’ is not exactly an enticing agenda to prepare for a future success.............
Yes they do, but it has ten maybe twenty times the number of administrators and support staff to refute anything they say.
Ask 3 economists what they think will happen.
That metaphor is glorious. The crashing and burning of legacy media and left wing academia will be the salvation of our country
I have an AS degree in electronic technology which has suited me well for the last 20+ years. Now, they want BS or even Masters degrees for what I do. College is so watered down. But even some of our home-schooling crew sends their kids for liberal arts degrees. 😕
Excellent observations. If the AS degree was just as rigorous today as it was when you earned yours, the additional schooling may not be required.
You would think they could see it coming.
Do you think the administrations of their colleges would have looked kindly on such papers? Despite tenure, like everyone else academics know what side of the toast the butter is on.
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