Summary
College enrollment among 18-year-old freshmen fell 5% this fall, with declines most severe at public and private non-profit four-year colleges.
Experts attribute the drop to factors including declining birth rates, high tuition costs, FAFSA delays, and uncertainty over student loan relief after Supreme Court rulings against forgiveness plans.
Economic pressures, such as the need to work, also deter students.
Despite declining enrollment, applications have risen, particularly among low- and middle-income students, underscoring interest in higher education. Experts urge addressing affordability and accessibility to reverse this trend.
“Student loans” are now one of the most ubiquitous phrases in politics and it’s synonymous with “a burden you can never escape” so it makes sense that the folks who can use assistance will avoid it. The entire fight about student loans has always been to highlight the cost and make some folks turn away from higher education all together. Education has always been under attack for as long as most of us have been alive and this is another front in the war.
First they attack public education and exhaust teachers with overwork with underpayment. Now the right wants to attack Academia, the source of science which shows how destructive the current system has become and how it will evolve. Elon will probably entirely axe FAFSA and funding for higher education, with the aim to have their endowments fed by wealthy elite who dictate what makes it onto a syllabus. The right is so fucking exhausting.
For me it seems as if those subsidized and guaranteed loans were a bad idea (a system with positive feedback) in their entirety.
The reason education costs are so outrageous is the market created by their existence. And the loans themselves are a perpetually growing moneymaking machine. It’s like pouring water into Saharan sand.