06-05-2022, 11:48 AM
(I haven't actually read the report) The first thing I'd want to know is if a portion of the decrease was due to a drop in the population within the relevant age group. Then, I would guess that the enrollment rate has not dropped at the elite schools, such as the Ivy League, Stanford, MIT, etc. I think that more people have concerns about the prospects of incurring large debt with some increased in appreciation of the idea that a degree in English Literature (e.g.) does not have adequate ROI.