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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.
Beginning this fall, Johns Hopkins will use the funds to launch a scholarship program covering full tuition for medical students from families earning under $300,000 annually, with additional support for living expenses and fees for students from families earning $175,000 or less.
Colby College in Maine has promised the Class of 2029 that middle-class students who enroll will find their private liberal arts degree more affordable than many in-state public institutions. ” Greene’s comments shed light on a more significant issue across higher education. Is aid a zero-sum game?
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As higher education enrollment dips, the proportion of state jobs requiring degrees remains the same: 70% of them will require a credential beyond a high school certificate in 2024 and 2029, according to the Union-Bulletin. Between 2010 and 2019, higher education enrollment dropped by almost 25%, according to News Center 1.
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