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 ...
My wife works in admissions at a public university in Virginia and she is always dismayed by the kids that come from out of state to Virginia, paying huge out-of-state tuition, to major in Communications or Psychology or something clearly offered at their own state colleges.
Fixed it.
She knew more about income taxes then most recent accounting graduates. She only finished high school.
Bingo when schools were schools not CRT training centers and tests demanded learning not oh that’s good enough.
Well in a way it’s not surprising. The operating assumption by college\university presidents and even their oversight bodies was that student population growth would go on forever. Remember these presidents are PhD’s, etc. and the oversight bodies are generally the “creme de la creme” of the states and alumni they serve. These “stable geniuses” couldn’t see the flaw in that assumption? They never heard of the aphorism - “What goes up must come down!”? The college\university presidents could almost be excused since the measure of their success and advancement was institution expansion not academic improvement - mostly meaning expensive construction to accommodate student body growth. All of this was aided and abetted by federal student loan money pouring into the system driving a false student population growth. For state schools where were the state legislatures? I know mesmerized into silence because it was all for the children!
I was glad to see just recently that the NH community college here in Nashua just down the street is now offering a two year degree in Air Traffic Controller.
This was offered for years at the former Daniel Webster College that went out of business when they were bought out by that big technical college(IDT I think).
Daniel Webster also was one of a few colleges that offered a commercial pilots program. Similar to Emory Riddle down in Florida. The graduates of those programs would get a job with the major airlines straight out of college.
We meed air traffic controllers. There are not enough coming out of the military anymore to supply our domestic airports with FAA controllers.
Good!!!! Outside of a few STEM cirriculums, they’re nothing but communist endoctrination centers.
I. DON’T. CARE!!!!
Hiring DEI Deans, at 150K a pop, is a good place to start cutting costs.
Today’s good news story. Now if they went back to educating people in areas that would enhance their career opportunities, it would be a bad thing. Unfortunately higher ed evolved into higher brain washing the kids into leftism.
People entering college with the idea of being an engineer wind up being political activists hating America. The colleges cut their own throats.
57 genders? One for each of the states?
Good. A good many college courses of today wouldn’t qualify as acceptable junior high school courses back in the early 1900s.
I like that idea.
“... universities who can no longer afford to open their doors....
You cannot conceive of the tremendous amount of pointless gloat in colleges and universities.
A glance at their available curriculum says it all. It puts an entirely new perspective on the term ‘pointless’.
There are also a lot of big headed ‘professors’ walking around who do next to nothing!
Lincoln Technical Institute in Allentown Pa. Yes, very intense. We started with 30, ended with 10. I guess schools in general realized that is not a good business model and need to keep the money flowing.
Screw college; If I had it to do over I’d probably start a plumbing business, you can never find a good one and they can easily earn a six figure salary and there is always work and a need.
If *I* had it to do over, I'd have become a warlord in a post-apocalypse world.
They are too busy traveling the world on paid sabbaticals.
That’s still a possibility.
I hear Ukraine is hiring, as is Haiti.
That wouldn’t happen if the educational ground hadn’t been prepared by the K12 system.
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