What happens to college towns after peak 18-year-old?
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What happens to college towns after peak 18-year-old?
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Re: What happens to college towns after peak 18-year-old?
#2Labor shortages are leading to college credentials not being needed. This is objectively good (as college debt and the time opportunity cost is avoided for an unnecessary credential), and hopefully will continue as demographic dynamics continue in the US. Is it good or bad the US has many colleges that will close because they are no longer needed due to a slowly declining fertility rate? It just is.
Re: What happens to college towns after peak 18-year-old?
#3> But here’s the most telling data point from the school’s National Student Clearinghouse data: Over 60% of WKU-admitted applicants who don’t attend WKY don’t enroll anywhere. Not at a competitor, not at a community college — nowhere. Colleges are still competing with one another, but increasingly, they’re competing with the labor market itself. Labor shortages are leading to college credentials not being needed. Thi…
Re: What happens to college towns after peak 18-year-old?
#4> But here’s the most telling data point from the school’s National Student Clearinghouse data: Over 60% of WKU-admitted applicants who don’t attend WKY don’t enroll anywhere. Not at a competitor, not at a community college — nowhere. Colleges are still competing with one another, but increasingly, they’re competing with the labor market itself. Labor shortages are leading to college credentials not being needed. Thi…
They won't close. They will just rely more heavily on foreign students. The primary focus of academia is to remain employed, not to serve the needs of the domestic student population.
U.S. colleges poised to close in next decade, expert says - https://news.ycombinator.com/item?id=45171434 - September 2025
Looming 'demographic cliff': Fewer college students and fewer graduate - https://news.ycombinator.com/item?id=42634596 - January 2025
Predicting College Closures and Financial Distress [pdf] - https://www.philadelphiafed.org/-/media/frbp/assets/working-... - December 2024
BestColleges: Tracking College Closures and Mergers - https://www.bestcolleges.com/research/closed-colleges-list-s...
(At least 84 public or nonprofit colleges have closed, merged, or announced closures or mergers since March 2020 as of this comment; I think the evidence is strong smaller for profit schools with enrollments <1k will continue to close well into the future)
Re: What happens to college towns after peak 18-year-old?
#5> But here’s the most telling data point from the school’s National Student Clearinghouse data: Over 60% of WKU-admitted applicants who don’t attend WKY don’t enroll anywhere. Not at a competitor, not at a community college — nowhere. Colleges are still competing with one another, but increasingly, they’re competing with the labor market itself. Labor shortages are leading to college credentials not being needed. Thi…
They won't close. They will just rely more heavily on foreign students. The primary focus of academia is to remain employed, not to serve the needs of the domestic student population.
Re: What happens to college towns after peak 18-year-old?
#6Re: What happens to college towns after peak 18-year-old?
#7You think to yourself "why would they admit people with really low scores and then inflate grades? That doesn't seem like educating people" but the answer is that they're responding to a crop with shrinking yield by expanding what they're willing to farm.
Hence all those bogus subjects and stuff which people are getting degrees in.
Re: What happens to college towns after peak 18-year-old?
#8> But here’s the most telling data point from the school’s National Student Clearinghouse data: Over 60% of WKU-admitted applicants who don’t attend WKY don’t enroll anywhere. Not at a competitor, not at a community college — nowhere. Colleges are still competing with one another, but increasingly, they’re competing with the labor market itself. Labor shortages are leading to college credentials not being needed. Thi…
They won't close. They will just rely more heavily on foreign students. The primary focus of academia is to remain employed, not to serve the needs of the domestic student population.
https://thebusinessfrontier.com/trump-tells-universities-to-...
Re: What happens to college towns after peak 18-year-old?
#9Earlier quoted context omitted.
They won't close. They will just rely more heavily on foreign students. The primary focus of academia is to remain employed, not to serve the needs of the domestic student population.
Is there any profession where they aren't focused on staying employed?
History says no...
Re: What happens to college towns after peak 18-year-old?
#10> But here’s the most telling data point from the school’s National Student Clearinghouse data: Over 60% of WKU-admitted applicants who don’t attend WKY don’t enroll anywhere. Not at a competitor, not at a community college — nowhere. Colleges are still competing with one another, but increasingly, they’re competing with the labor market itself. Labor shortages are leading to college credentials not being needed. Thi…
They won't close. They will just rely more heavily on foreign students. The primary focus of academia is to remain employed, not to serve the needs of the domestic student population.