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Colleges Are About to See a Big Decline in Applicants
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Colleges Are About to See a Big Decline in Applicants
Regional four-year institutions in the Northeast and Midwest states face potential applicant pool contractions of 15% or more. Small liberal arts colleges, comprising 40% of the higher education market, are particularly vulnerable. 40% of private colleges posted financial losses in 2023.…
Approximately 35,000 applicants applied to higher education in the autumn application period. The number has decreased by more than 10,000.
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