What dropping undergraduate enrollment means for colleges - Alexandra Ossola, Quartz

Undergraduate enrollment continued to fall in 2021, according to a report by education nonprofit National Student Clearinghouse Research Center (NSCRC.) The research, published in November, showed the number of undergrads has fallen by nearly 8% since 2019. Most colleges make money from some combination of tuition, donations, athletics, and government funding. In recent years, tuition and fees have made up a larger proportion of colleges’ revenue, accounting for an average of 20% of the budget for public institutions to 91% for for-profit institutions in 2018. Fewer undergraduates, then, could shrink that pot of money, tipping colleges’ already strained budgets into the red.


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