College enrollment is dropping. | The Compost Bin | Forums

A A A
Avatar
Search

— Forum Scope —






— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

Lost password?
sp_Feed F-Compost-Bin
College enrollment is dropping.
Avatar
K
Admin
Forum Posts: 31782
Member Since:
15 Feb ’12
sp_UserOfflineSmall Offline
1
23 May ’16 - 7:44 am
sp_Permalink sp_Print

Wonder how low it is going to drop. I think it more has to do with the high cost and lack of supporting jobs.

For years, America's college campuses swelled with more and more students. But enrollment peaked in 2010 at just over 21 million students. Attendance has dropped every year since.

By the fall of 2014 -- the most recent year government data is available -- there were 812,069 fewer students walking around college campuses.

Some say not to worry, the drop is happening because the economy is improving. More people are going back to work instead of signing up for additional degrees.

"Historically, as the economy improves and Americans get back to work, college enrollment declines," says U.S. Under Secretary of Education Ted Mitchell.

But here's what these young people are giving up: College graduates make almost double the salary of workers with only a high school diploma. If you care about the rise in inequality in America, declining college enrollment should alarm you.

"A college degree is the surest ticket to the middle class," President Obama said last year. Now there are 800,000 fewer Americans on that college path to the middle class.

more http://money.cnn.com.....index.html

Avatar
DangerDuke
Rancher
Members
Forum Posts: 2030
Member Since:
21 Feb ’12
sp_UserOfflineSmall Offline
2
23 May ’16 - 9:11 am
sp_Permalink sp_Print

it's the unintended consequences of artificially removing risk from a marketplace. No risk creates market saturation, and with a cheap and plentiful product available you get inflated demand. As demand goes up, prices increase accordingly. What you are seeing is the student loan bubble about to burst.

Avatar
K
Admin
Forum Posts: 31782
Member Since:
15 Feb ’12
sp_UserOfflineSmall Offline
3
24 May ’16 - 9:04 am
sp_Permalink sp_Print

last numbers I saw 27 percent of loans were in default

Avatar
DangerDuke
Rancher
Members
Forum Posts: 2030
Member Since:
21 Feb ’12
sp_UserOfflineSmall Offline
4
25 May ’16 - 7:30 pm
sp_Permalink sp_Print

That's massive levels of default. Particularly considering those loans are unsecured. Not that it matters to the banks since they're getting paid regardless, but it should concern taxpayers since we're the ones footing the bill for little Tristan's masters in underwater basket weaving.

Avatar
K
Admin
Forum Posts: 31782
Member Since:
15 Feb ’12
sp_UserOfflineSmall Offline
5
26 May ’16 - 10:12 am
sp_Permalink sp_Print

Hey, I aced that class buddy!

The following users say thank you to K for this useful post:

DangerDuke
Forum Timezone: America/New_York

Most Users Ever Online: 698

Currently Online:
71 Guest(s)

Currently Browsing this Page:
1 Guest(s)

Top Posters:

easytapper: 2149

DangerDuke: 2030

groinkick: 1667

PorkChopsMmm: 1515

Gravel Road: 1455

Newest Members:

Forum Stats:

Groups: 1

Forums: 12

Topics: 11482

Posts: 58640

 

Member Stats:

Guest Posters: 2

Members: 19842

Moderators: 0

Admins: 1

Administrators: K