What does the declining birthrate mean for colleges and universities and the students who hope to get a college degree a decade from now? The answer depends on where you live in the United States and how selective the college is. For most colleges and universities, the outlook is grim. But that could be a good thing for their future students.
But student demand is expected to grow for the nation’s most elite colleges and universities between 2012 and 2029. The dots represent large metropolitan areas, which sometimes diverge from their state’s growth forecasts. Nathan D. Grawe, Carleton College
Nathan Grawe, an economist at Carleton College in Minnesota, predicts that the college-going population will drop by 15 percent between 2025 and 2029 and continue to decline by another percentage point or two thereafter.