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.
Unless you’re going into a field that requires it for licensure, there’s no point. You can always demonstrate skill instead. And while that isn’t good enough for a lot of people to hire you, it’s often good enough to start your own business.
Combine that with diminishing human rights and increasing corporate rights. It starts to make sense to become a corporation yourself rather than a formally educated worker. More pay, more protection, more freedom of choice, and less debt.
Governments give tax breaks on things they want to see more of.
Education to any level should be free at the point of use. Hell I’d even go as far as to say people should be given a (non-means-tested) grant if they go into higher education. We need more smart people.
he more educated & informed a society is, the more productive, safe and free it is. No one should deny themselves the education they otherwise want because they can’t afford it.
Man this is the most anti capitalist way of looking at things. This is basically socialism. Not a single NA country would support this system for Europe it’s a different story tho.
I live in the UK, a capitalist country.
The Scottish have this already, everyone gets free education including university, no strings. In England we only have it for people from lower economic backgrounds (via means tested grants to pay tuition), but still, we still do it for some people. It’s not a remotely absurd idea.
Hell even most pragmatic capitalists would agree that a free-at-the-point-of-use education system is generally a good investment in the labour pool. If skilled workers are rare, they have negotiating power, and we know how much capitalists just love workers that are able to negotiate from a position of power.
This is basically socialism.
They essentially described how the US primary education system works, and prerry much how secondary education worked until Regan.
That you think it’s “socialism” and therefore impossible is a reinforcement of hard-right elitist propaganda.
This is basically socialism
You say that like it’s a bad thing?
And K-12 is just an arbitrary number. Paying for college would just be extending what we already do.
I didn’t read it as them saying it was a bad thing…
I love it when people participate in the Overton window right-wing ratchet and think they’re just being pragmatic.
You sound surprised to find out that not everyone here thinks capitalism is perfect.
Yeah, and?
Think about it: What is socialism? It’s collectively funding or working on things via the government. There’s many competing definitions but that’s basically all there is to it.
Under that definition we’re already living under socialism:
- Fire departments
- Police
- Infrastructure (roads, bridges, etc)
- Weather services
- USPS
- The entire military as a construct
With socialism the people get a say in how such things are run. In private institutions they don’t. That’s the biggest realistic difference.
Either way people are still paying for these things. If they’re not really competitive then private industry will fleece the masses because that’s what capitalism encourages (see: Healthcare). If there’s a robust, competitive market then socialism can fall behind in things like innovation and price.
Whether or not something is funded-and-run by the government is irrelevant. What matters is the value. If government can provide a better value for a dollar than private industry it should. If the people don’t like the result they can change it or use a private alternative.
Sure, they’ll be paying extra (on top of taxes) for the private alternative but at least it’s an option. If the government isn’t providing an alternative to private institutions then there’s really no option at all. Best anyone can do is vote with their wallet but as we can all see that just doesn’t work in certain industries (in fact, entire caregories of need!) and services.
Republicans hate all of those but thr police and military
Not to mention bank and corporate bailouts. Socialism for the rich, harsh darwinism for the poor.
I didn’t even know this site had enough people to downvote someone this much this quickly. You’re breaking ground with your idiocy. 👏🎉
But Trump loves the poorly educated.
I grew up being repeatedly told that college is absolutely necessary to get a good job and a secure future. And because you’ve been told it’s necessary, they can get away with such a sharp increase in tuition costs. What are you gonna do, not go? Nah, you’re gonna sign on the dotted line and put yourself into debt like all the adults told you to.
I’ve got a degree in a good field that’s supposed to pay well. But the job market is such a mess that I never actually got my foot in the door - everything that claims to be entry level asks for five years of experience in a piece of software that has only existed for two years.
College used to be an investment, now it feels more like a gamble.
I faced that for an extended time after graduating with a Bachelor’s. There were so many jobs asking for impossible experience, or jobs vaguely related to my field at exploitative pay that required a Bachelor’s. I did manage to find a decent job (still shit pay) but only because of a connection.
For my college, tuition would not be impossible with an ok job. When I read the headline I read it more as younger people seeing college as a scamthat can’t even get you a job after the ordeal of all the schoolwork and money lost.
“Student loans” are now one of the most ubiquitous phrases in politics and it’s synonymous with “a burden you can never escape” so it makes sense that the folks who can use assistance will avoid it. The entire fight about student loans has always been to highlight the cost and make some folks turn away from higher education all together. Education has always been under attack for as long as most of us have been alive and this is another front in the war.
First they attack public education and exhaust teachers with overwork with underpayment. Now the right wants to attack Academia, the source of science which shows how destructive the current system has become and how it will evolve. Elon will probably entirely axe FAFSA and funding for higher education, with the aim to have their endowments fed by wealthy elite who dictate what makes it onto a syllabus. The right is so fucking exhausting.
American student loans are a scam anyways. The interest rates are outrageous and the federal government subsidizing them, but then they get handled by private businesses in a system know for failure and fraud.
Student loan forgiveness shouldnt be a thing. It shows that the system is trash to begin with and the “forgiveness” remains arbitrary and is just a carrot on a stick.
Make a system where the loans are granted directly by the government and dont incurr interest. No for profit skimming middleman, no permanent debt. Offer a regulated bonus for people who pay back X% before Y years pass, so people are incentivized to pay back quickly, rather than delaying payback.
More importantly remove the outrageous enrollment costs per semester.
The interest rates are outrageous
They’re in line with other loans.
They’re in line with other loans.
Which is the problem. Loans used to be 3%, now they are 7 to 8%
It’s outrageous that a loan for higher education comes with an interest rate at all. The increased productivity of a college graduate should cover the need to profit off the loan. Extra silly because as a graduate you only see compensation for a paltry fraction of that increased productivity.
7% is a scam. You wouldnt buy a house on 7% interest rates. And an education seems to be a safer investment. Especially for the government that should have an interest in education to drive the economy.
Where do you think housing mortgage rates were a couple of years ago?
They used to be at 3-4% in 2019-2020. Holy hell, you are at almost 7% now. Let me reprhase then: the US is a scam. 7% on a 30 year mortgage means you pay about 40% interest in total on the loan amount.
Depends, some are some aren’t.
However, in my opinion, the thing that makes student loans crazy is how the payments are structured.
With other big lifetime loans (mortgage, car, etc.), they are structured with a fixed term and the interest is factored in from the beginning. You pay $X a month for Y years, and that’s it, it’s all paid off. All you have to do is keep up with those payments, and you know how much they’ll be from the time you agree to the loan.
Student loans are structured more like credit cards. If you just pay how much they tell you to, interest will accrue, the loan grows, it capitalizes, and the term is indefinite. You can pay on it consistently for decades and never make any progress.
There’s practically no assistance to figure out how much you really need to pay, and sometimes even attempting to overpay to cover the interest doesn’t help, as they’ll apply the extra towards the next payment instead, and so extra interest still accrues.
Is it a scam when it’s your only option? Seems more like a gouge to me.
It’s on the same level as loan sharking
Yeah, but you generally don’t have the choice of either going to a loan shark or not being able to have the career you want for your life.
I’m just thinking ‘scam’ is the wrong word when no one except the wealthy have any other real option. The military and athletic scholarships, I guess?
It is cheaper to live in Europe for the duration of the degree. I have friends who did this.
I’m not very concerned
bad news for democrats and our society at large
College makes you think critically. It’s good for society overall when more people go, but college administrators have basically turned these nonprofit organizations into money grubbers that have forsaken their original mission.
College is often sold to the working class as some kind of vocational training that will prepare them for highly sought after knowledge based careers. But really think about it: before the mid 20th century, who was the typical college student? Was it a person who had to worry about the consequences of unemployment even if they couldn’t find work?
The next question to ask yourself is: why did these people go to college anyway if it wasn’t for career reasons? And is it something valuable that we are losing as administrators make college more about jobs?
Most admin can be done with a high school degree. The college requirement for everything is absolutely bonkers.
The article says it has to do with declining birth rates
"The enrollment cliff concept came about within higher education after years of declining birth rates in the US, triggered by the Great Recession. Earlier this year, the CDC released data indicating that the US had hit a historic low in its annual number of births – declining 2% from 2022 to 2023 and then 3% in 2023.
“Since the most recent high in 2007, the number of births has declined 17%, and the general fertility rate has declined 21%,” the August 2024 data shows."
2024-2007=17.
Your math is wrong. The birth rate drops haven’t hit college yet.
This country doesn’t prioritize education and then we wonder why people like Trump get elected.
Zoomers are unaliving the college debt industry
Wouldnt have anything to do with crippling debt would it?
The article says it has to do with declining birth rates
"The enrollment cliff concept came about within higher education after years of declining birth rates in the US, triggered by the Great Recession. Earlier this year, the CDC released data indicating that the US had hit a historic low in its annual number of births – declining 2% from 2022 to 2023 and then 3% in 2023.
“Since the most recent high in 2007, the number of births has declined 17%, and the general fertility rate has declined 21%,” the August 2024 data shows."
While Park said an [sic] seeing an enrollment cliff isn’t occurring just yet, […]
None of those people are 18 yet. The 2007 kids, from when birth rates last peaked, are just now 17. The declining birth rate hasn’t caught up yet.
The article says it’s multifactorial, but predominantly cost and the need to work;
The cost of college is the number one barrier to enrolling in higher education for adults not enrolled in such a program, according to a 2024 report from Gallup and the Lumina Foundation. That report also found that for more than three-quarters of the more than 3,000 unenrolled adults polled, cost and the need to work were preventing them from pursuing further education.
Wonder if it has to do with all the “college bad. Why go to college for $100k for a $40k job…” social media trends and the “get rich on social media” trend, along with the fact that college can be really expensive.
Incoming graduates saw an entire generation go to college at the highest rates ever just to find a job market that left a record number of them with debt still on their name more than a decade later.
What were once institutions devoted to academia, have become corporate training camps ran by a board that runs the institution with a corporate mentality, and they enrich themselves commesurately.
Sounds to me like people are realizing that the price of college isn’t worth it. You take on thousands in debt that can’t be discharged in bankruptcy, you get a degree that doesn’t guarantee a job.
The lie of college for all is only meant to generate profit for schools and lenders.
And don’t get me started on textbook scams in college to prohibit used book sales
My prof back in university wrote his own textbook and gave it to us for free.
Best prof I ever had.
My professor wrote his own textbook and sold it to us to supplement his salary.
I’m no expert, but I’m having a hard time not thinking this is a recipe for a major generational housing crisis. We’re telling kids the “key” to success is getting that fancy college degree, when in reality it’s just a bunch of debt and no job prospects.
When are we going to start factoring in the actual cost of a 4-year education? Tuition’s through the roof, student loans are suffocating people under 30, and we’re telling them “just do it” for the ‘sake of their own future’?
And another thing - what’s with all this emphasis on getting a “degreed” person out into the workforce? Can’t we teach 'em something in high school? Do we really need to be training 20-year-olds to fill up our 40-something year-old retirements?
Because if they can sell the lie of needing college, they can also sell the lie that only those people can make the AI prompts for the businesses of tomorrow! Gatekeeping, essentially
Yeah, it’s because academia has become a for-profit business first, and an educational centre second.
“Academia” is casting a wide net. Academic administrators are different than academics
We don’t need lots of educated people to make products anyway. Mostly just need one engineer to design something, then a bunch to industrialize it and then a mass of people to man/woman the industrialized system that makes the part…ordering, configuration management, incoming inspection, part distribution, manufacturing (assembly work), packaging, shipping, etc, etc. 1 engineer at the top makes a shit ton of people or can make a shit ton of people have a job. So don’t need a lot of engineers. But it sure would be nice if you had lots of engineers working together. That’s best for having airplanes whose doors don’t pop open via the DFMEA process and other such design tools.
The purpose of education isn’t production. The purpose of education is to learn.
And then do what with it after they “learned” something?
That’s up to them. It’s largely the point. To learn what you want so you can do what you want.
