Declining College Enrollment
As I’ve mentioned several times before, hardly a day passes by without some new grim story about the ills affecting the higher education. This morning’s Wall Street Journal article suggests that the total number of people entering US colleges has for the first time ever declined in the Fall of 2012. The tipping point for the higher education might have already been reached, and this may only lead to the exacerbation of its already pretty grim prospects. I am afraid that this latest news might be the start of the snowball effect, where colleges will most likely start cutting cost by reducing the programs and services that are probably most beneficial for the quality of education itself, and thus making the value of the college even lower promotion further accelerated drop in enrollment. My own guess is that, following the old 80-20 rule, when colleges see 20% drop in income 80% of them will become insolvent and may have to close their doors.
About the Author
Bojan Tunguz
Bojan Tunguz was born in Bosnia and Herzegovina, which he and his family fled during the civil war for the neighboring Croatia. Over the past two decades he has studied, lived and worked in the United States. He is a theoretical physicist with degrees from Stanford and University of Illinois. Tunguz has taught physics at several prominent liberal arts colleges and has been writing about physics, science and technology for more than a decade. He also has a wide spectrum of interests, and reads and writes about current events, society, culture, religion and politics. Over the years he has reviewed many of the books that he has read, and posted his reviews on various online outlets. In 2011 he had become a top 10 reviewer on Amazon.com, where he continues to be very active. Aside from reading and writing, Tunguz enjoys traveling, digital photography, hiking, and fitness. He resides with his wife in Indiana. You can follow my review updates on the following pages as well: Facebook: http://www.facebook.com/tunguzreview Twitter: http://www.twitter.com/tunguzreviews Google+: https://plus.google.com/u/0/104312842297641697463/posts
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