Online Learning Update

February 10, 2018

Higher education is headed for a supply and demand crisis

Filed under: Online Learning News — Ray Schroeder @ 12:10 am

By Jeffrey J. Selingo, Washington Post

In “Demographics and the Demand for Higher Education,” Nathan D. Grawe, an economics professor at Carleton College, in Minnesota, explores the overall decline in high school graduates in greater detail.  In researching his book, Grawe created something he calls the “Higher Education Demand Index.” It attempts to adapt population trends into college-attendance forecasts, using federal education data to estimate the probability that different populations from different cities and states will go to college. “Unless something unexpected intervenes, the confluence of current demographic changes foretells an unprecedented reduction in postsecondary demand about a decade ahead,” Grawe writes. Overall, he estimates that four-year colleges nationwide in just one four-year period at the end of the 2020s stand to lose almost 280,000 students.

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