Colleges Ramp Up Debt Sales in Frenzied Race for New Students
https://finance.yahoo.com/news/colleges-ramp-debt-sales-frenzied-110008368.html
The crux of the challenges many schools face comes down to the basic economic principles of supply and demand. There are simply too many colleges and not enough students.
The number of high school graduates are expected to drop 10.4% between 2026 to 2037, according to the Western Interstate Commission for Higher Education. Pennsylvania alone has 88 private four-year institutions, of which 81 have 5,000 undergraduate students or less, according to federal data.
https://finance.yahoo.com/news/colleges-ramp-debt-sales-frenzied-110008368.html
The crux of the challenges many schools face comes down to the basic economic principles of supply and demand. There are simply too many colleges and not enough students.
The number of high school graduates are expected to drop 10.4% between 2026 to 2037, according to the Western Interstate Commission for Higher Education. Pennsylvania alone has 88 private four-year institutions, of which 81 have 5,000 undergraduate students or less, according to federal data.
Related:
My take from Jan 2022: Is the US higher education bubble about to burst?
https://thehill.com/opinion/education/590971-will-the-us-higher-education-bubble-finally-burst/
https://thehill.com/opinion/education/590971-will-the-us-higher-education-bubble-finally-burst/