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College enrollment is declining
ОглавлениеIn fact, college enrollment has now declined for eight straight years and has dropped nearly 10 percent. This has pressured some of less-selective colleges financially and actually led to some closing their doors (see next section).
Beyond the most highly selective colleges, increasingly, colleges are having to compete more for students and that’s a good trend for you. It’s leading to pressure on college pricing and better overall pricing at some colleges.
Of course, enrollment isn’t down at all schools and certainly isn’t at the most selective schools out there. Some of those schools, which have seen greatly increased numbers of applications over the years and decades, especially with increases in U.S. population as well as more overseas applicants, have expanded their enrollment a bit. Yale recently added two new residential colleges, which enabled the college to boost undergraduate enrollment from 5,400 to 6,200. Princeton increased their enrollment from 4,700 to 5,700. In recent years, a number of other leading colleges including Babson College and Johns Hopkins University have similarly expanded their enrollment.