US college closures are expected to soar, says Fed Research
Bloomberg
Dec 4, 2024 1:16 PM IST
The number of colleges that close each year is poised to significantly increase as schools contend with a slowdown in prospective students.
The effects of the so-called demographic cliff are amplified by low graduation rates and a shrinking share of high schoolers enrolling in college immediately after graduating, the researchers said.
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