Higher Education Faces Challenges: Rising Costs, Declining Enrollment, and Equity Issues
Insight Into Diversity
DECEMBER 12, 2024
The higher education landscape in the United States is undergoing a seismic shift, with as many as 80 colleges and universities predicted to close by 2029. A report by the Federal Reserve Bank of Philadelphia highlights troubling trends, including a 15% enrollment drop projected between 2025 and 2029.
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