The Economy Is Improving, But College Enrollment Is Declining

The Economy Is Improving, But College Enrollment Is Declining
World
Like Us On Facebook
Like Us On Facebook

The college enrollment boom that caused tuition prices to skyrocket is finally over, The New York Times reports.

According to the Times, college enrollment fell 2% in 2012-2013, the first real decline since the 1990s. Though that drop mostly affected for-profit and community colleges, signs are now pointing to 2013-2014 as the year when traditional four-year, non-profit schools face a serious decline in applications that could last for several years.

The colleges that will most likely be hit the hardest are those not among the wealthiest or most prestigious, but those whose very survival depends on tuition revenue.

“There are many institutions that are on the margin, economically, and are very concerned about keeping their doors open if they can’t hit their enrollment numbers,” said David A. Hawkins, the director of public policy and research at the National Association for College Admission Counseling.

This will ultimately result in mid-tier institutions accepting more, formerly-unqualified applicants.

Aside from the burdens of tuition increases and student debt, another aspect of college currently coming under scrutiny is just how necessary the whole experience of attending a four-year school is.

It is most definitely becoming less and less taboo to forgo or drop out of college in exchange for starting one’s own business or gaining valuable work experience instead, thanks to the many publicized success stories of people who chose these formerly denounced paths.

The Times reports that the most shocking signs of the enrollment drop came from Loyola University New Orleans and St. Mary’s College of Maryland.

“After the usual May 1 deadline for applicants to choose a college, Loyola and St. Mary’s each found that their admission offers had been accepted by about one-third fewer students than expected. Both institutions were forced to make millions of dollars in budget cuts and a late push for more enrollment.”

Loyola reportedly went into a wild panic when the university discovered such a decrease in accepted admission offers. Administrators and professors who aren’t usually involved in the admission process made a series of calls to accepted students who decided to go somewhere else to try to convince them to change their minds with certain methods of persuasion.

“We did invite them to see if there was more we could do with aid,” said Roberta Kaskel, the interim vice president for enrollment management at Loyola.

Several college consultants and advisors hired by wealthy families to assist with the application process told the Times that this spring and summer, they have seen a huge increase in colleges actively seeking out students, some of which have turned the school down or never even applied.

“After May 1, I got e-mails from three or four colleges saying, ‘We’ve still got spots, and we’re looking for people to fill them,’ and I don’t remember getting any in the past,” said Lisa Bleich, an admissions consultant in Westfield, N.J.

“I had a client who had committed to one school, and then changed her mind and said she wanted to go to the University of Pittsburgh, where she had also been accepted,” she said. “They weren’t actively looking for more, but they agreed to take her, when a few years ago, they would have said, ‘No, we don’t have any space.’ ”

Don McMillan, an admissions consultant in Boston, told the Times that his office received numerous calls this week from families in foreign countries trying to place their children in schools that begin their fall semesters in just over a month.

“We called about 15 colleges, and we found that about half still had openings for this fall and were willing to consider them, which really surprised me,” he said. “These are not Tufts, M.I.T., Harvard, schools like that, that will never have trouble filling up.”

The recession’s effect on the job market triggered the initial enrollment boom in 2007. But job prospects have greatly improved as has the success rate of startup businesses, ultimately making college a less attractive option.

The roles have been reversed. Now, instead of young adults being at the mercy of their colleges’ demands, colleges are at the mercy of the ideals of their prospective students.

Via: NY Times, Photo Courtesy: Tumblr

Share Tweet
React
Like Us On Facebook
Like Us On Facebook

Sean Levinson

Sean Levinson loves writing almost as much as he loves ranting about politics. Elite Daily lets him do both, and he couldn't be happier now that he's finally putting his years at SUNY New Paltz to good use. When he's not writing, Sean enjoys nature excursions, playing the guitar and the Ultimate Fighting Championship. Look for him on "Real Time with Bill Maher," where he regularly appears in his most precious fantasies.

More In World

World Sean Levinson

Teen Arrested After ISIS Allegedly Offers Him $25K To Bomb Vienna

Austrian police have arrested a 14-year-old boy who was reportedly offered $25,000 from the Islamic State to set off a series of explosions in Vienna. Two other Austrian teenagers suspected of having similar offers from the militant group are still at large, though police do not believe the three were working together. The boy, known only as […]

World Gillian Fuller

Four Killed In Flight Simulator When Airplane Crashes Into Their Building

Four people were killed Thursday morning when a small airplane crashed into a flight training center at Kansas’ Mid-Continent Airport. The twin-engine Beechcraft King Air B200 lost power immediately after takeoff and crashed into the airport’s FlightSafety center just before 10 am. Three people inside the building were killed, as well as the pilot, who was […]

World Emily Arata

Finally! The Scientific Reason Why Scratching Makes You Itch More

The blissful relief of scratching an insect bite is almost worth the brief pain and doubly intense itchiness that follows. A research team from Washington University School of Medicine in St. Louis discovered that when you scratch something itchy, the brain releases mood-balancing serotonin to quell pain nerve signals coming from that spot. As the neurotransmitter travels […]

World Sean Levinson

Man Who Beheaded His Mother And Jumped In Front Of Train Was Off Meds

The Farmingdale, Long Island, man who reportedly beheaded his mother before jumping in front of a train did so because he wasn’t taking his psychological medication. Derek Ward, 35, killed himself and his mother, 66-year-old SUNY Farmingdale Professor Patricia Ward, on Tuesday, just two days before an appointment with a psychiatrist, the killer’s uncle told the […]

World Emily Arata

Father And Son Die Hours Apart, Side By Side, After Both Battle Cancer

Eric Thurlow and his son, Dean, shared a love of fishing and family. When both father, 71, and son, 40, were diagnosed with cancer, the “inseparable” pair struggled with illness together. Last week, Dean succumbed to brain cancer. Less than a day later, his father, Eric, passed away from pancreatic cancer in the room next door. […]

Also On Elite

Envision

Extreme Seesawing Is Way More Fun Than It Was When You Were A Kid (Video)

You have to admit, back when you were a kid, seesawing was a lot more intense than it would be today. It probably has something to do with the fact that since then, we’ve been on countless roller coasters and ferris wheels, making seesawing seem kind of bland. However, in a recent video shot by DevinSuperTramp, […]

Dating

5 Unique Qualities In A Man That Every Woman Is Searching For

Common Misconception #1: Women don’t know what they want. Common Misconception #2: Women can’t decide what they want. Common Misconception #3: Women are never happy. We may be a fickle sex when it comes to our hair color, body image, wardrobe, shoes and career, but when it comes to men, we know what we want, […]

World

High-Spirited Woman Undergoing Chemo Knits Herself An Awesome Wig (Photo)

For those with cancer, chemo is usually a necessary evil. The treatment will help to cure the disease, but it also wreaks havoc on the body. One of the most common complaints is that it makes the patient’s hair fall out. One amazing grandmother came up with the best way to cope with her hair […]

Life

Calling A Girl ‘One Of The Guys’ Isn’t A Compliment, It’s A Problem

She’s totally “one of the guys.” She drinks beer and likes it. She plays video games and wins. She hides her feelings and never gets mad. She makes poop jokes and publicly announces her ability to do that weird fart thing with her armpit. You sometimes forget she’s a girl, which means she’s cool. Now, […]