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Welcome to 2018. We’ve been provided with plenty of predictions for the year ahead in higher ed. Here are three more for you to consider.
- New pricing models will emerge as schools continue to miss enrollment and revenue goals.
55% of private colleges and 52% of public colleges fell short of their net-tuition revenue (what’s left after institutional financial aid is distributed). - Graduate enrollment will decline sharply as student debt rises.
Grad students, including those pursuing professional degrees, account for 38% of federal education loans but just 17% of students. Those pursuing advanced degrees borrow, on average, 3X as much as the typical undergraduate—$18,210, compared with $5,460. - As the demographics of high-school grads shift, so too will the historical migration patterns of students to colleges.
Even as more institutions expand their search areas for admissions, many indications suggest the market for students willing to get on a plane or drive several hours to college is not growing at the same rate.
Read the full article about predictions for higher education by Jeff Selingo at Getting Smart.