Colleges are facing an enrollment cliff with fewer students entering higher education. Simultaneously, they are producing an excess of graduates, leading to concerns about oversupply in the job market. This dual challenge highlights imbalances in the higher education system.
Key Points
- Declining undergraduate enrollments creating an ‘enrollment cliff’ for colleges.
- Increasing number of graduates leading to a ‘graduate glut’ in the workforce.
- Institutions worried about financial and operational impacts from these trends.
Implications for Educational Freedom
This enrollment cliff and graduate glut underscore potential government overreach in subsidizing higher education, which may distort market signals and limit parental and student choices. It supports EFI’s advocacy for more flexible, market-driven educational options to empower families beyond traditional college paths.
Source: Higher Ed’s Enrollment Cliff Is Here. Now Meet the Graduate Glut.