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.
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.