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.
Higher education is too expensive. Not everyone can afford it. Also, some people can’t go to school full time because they need to work. I know some people would say these people should be able to do both, but that doesn’t work for everyone. If you’re someone who got a degree while working full time, good for you, but I’ve tried working full time and going to school and I found it to be really difficult. If there comes a point where people decide they have to choose between school and work, well, school is going to lose every time because school doesn’t pay the rent.
I’m bracing for this right now. I’m working casual hours while I go to full time schooling but part of that schooling includes unpaid placements, I’m absolutely dreading not having income for basically half a year while i’m on the hook for tuition, bills/rent, transportation ect…
The Baumol Effect is killing us here. The more productivity gains we make in manufacturing, IT, and other technology boosted fields, the more unaffordable education will get.
That’s interesting. It would be more interesting if universities didn’t use tuition to rebuild their sport complex every ten years.
Oh that’s a whole other issue: inter-university competition. They’re all competing with each other over the same pool of students. Each one spends money to attract students away from the other schools who then spend money to attract them back.
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.
The 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.
Edit: you guys are idiots I’m literally telling you why it doesn’t happen and you downvote me. In my opinion USA is a third world country as long as healthcare is a for profit business. Capitalism is akin to peasants and lords all over again which is why unions form because the working class have to force it to be fair. You are living in a society that values money more than anything and therefore you are just a number they give you one as well to define your being.
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.
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.
You sound surprised to find out that not everyone here thinks capitalism is perfect.
As an employer who hires folks in the data science field, I’ve become more disappointed in recent college graduate job-readiness every year for the last decade. At this point I’d prefer a resume to say “watched 100 hours of YouTube videos about data science” over a masters in the field.
And these poor people have 100k in student loan debt with no marketable job skills and are competing against 10s of thousands of other recent grads with no marketable job skills and college has created a lose-lose environment.
No wonder enrollment is dropping, the cost of the education is absolutely not worth it and people are starting to see it.
All of my best hires for SE and related positions have been drop outs or self-taught folks. Sometimes there were minor gaps in knowledge of some of the fundamentals, leading to some wheel-inventing but on balance they were far more capable than the average Comp Sci graduate.
The worst hires, almost without exception, were those with graduate degrees. All hat no cattle.
When I interview new grads, I’m not concerned about detailed knowledge of certain technologies. I’m trying to figure out how quickly they can learn. My favorite question is to ask “what was the hardest bug you’ve ever had to solve?”.
Yep. “What’s the most interesting project you’ve been a part of” is my favorite. Same vane, opened the door to so many follow ups.
So often it’s “how do you translate temporal data for a random forest model” and then see run headlights as I have to explain the word temporal and then how feature selection for machine learning actually works.
They are literally only taught the Python code now, with no explanation of why, how, or when certain tools are appropriate. Real “Bang on a nail with a screwdriver long enough” level education.
I’m an old fart and I feel terrible about the cost of college for the past couple of decades. When I went, the max you could borrow was $2500/year on a GSL. But you could work very part time to afford it. Things started tightening with Reagan being elected. I didn’t get any work study year 2. But we could declare financial independence so years 3 and 4, I got Pell Grants, more work study etc. Every quarter, I’d get a check back from the Bursar after paying tuition and books. And that didn’t include my GSL.
I graduated with about $12k in student loans. $10k was my GSL and it was paid back at $105/mo for 10 years.
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.
