Posts tagged ‘closed colleges’

Higher Ed Bubble, Demographics and Roe Effect

The Roe Effect, combined with way-too-high college tuition and fees for a lousy education, the resulting student debt, and underemployment of recent college grads is going to lead to many more colleges closing in the coming years.

A waning number of high school graduates from the Midwest is sparking a college hunt for freshman applicants, with the decline being felt as far away as Harvard and Emory universities.

The drop is the leading edge of a demographic change that is likely to ease competition for slots at selective schools and is already prompting concern among Midwestern colleges.

“You can’t create 18-year-olds in a lab,” said Brian Prescott, director of policy research at the Western Interstate Commission for Higher Education in Boulder, Colorado. “Enrollment managers are facing an awful lot of pressure that they can’t do much about.”

Denison University, in Granville, and the College of Wooster, both project about a 13 percent drop from within the state. Ohio residents make up about a quarter of Denison’s student body and about a third at Wooster. Denison and Ohio Wesleyan University have boosted travel outside the state to attract prospective students, especially in California and the Southwest.

Dwindling Midwest High School Grads Spur College Hunt

From April 2013: Colleges Struggling to Stay Afloat

Too many high school students are told they must go to college when many of them would be much better off getting trained in a 1 to 3 year program learning a trade or earning a certificate in a practical skill, like welding. See
mikeroweWORKS Foundation
Don’t Go to College Next Year
Don’t Send Your Kids to College
Edububble
Phi Beta Cons

Tags: , , , , , , , , , , , ,

Legacy preferences in college admission and closing colleges


HlkxfTFf0yE

Legacy preference in college admission is going to get much more pronounced in the next decade:

Colleges have boxed themselves into a corner by degrading admission into a fund-raising tool….

The Price of Admission: How America’s Ruling Class Buys Its Way into Elite Colleges–and Who Gets Left Outside the Gates, by Daniel Golden

The system is ripe for an upheaval. Cheap online courses seem poised to deliver it. Traditional colleges at opposite ends of the glamour spectrum will probably survive. At one end, community colleges could deliver bankable skills in fields like nursing and computer network installation. At the other end, elite institutions like Princeton will carry on for a few more centuries.

In between? “It’s going to wipe out high-cost mediocre private schools without big endowments,” Vedder says.

How Liberal Arts Colleges Could Go Bankrupt

List of Colleges and Universities that have Closed, Merged, or Changed their Names – Ray Brown

“The U.S. higher education sector has hit a critical juncture in the evolution of its business model,” said Eva Bogaty, Moody’s assistant vice president, in a statement. “Even market-leading universities with diversified revenue streams are facing diminished prospects for revenue growth.”

Moody’s now has negative outlook for all U.S. universities


5wGXTh5UEAs

Tags: , , , , , , , , , ,