A recent article in the Washington Post explores the future of American colleges, and it doesn’t look great.
Two studies out in the past week show that key revenue sources at public and private universities continue to shrink without any immediate signs of slowing.
As a result, colleges will have to find new sources of funds, and may need to consider consolidation. A recent example is the merger of Philadelphia University and Thomas Jefferson University.
The college landscape will surely change, and it will be interesting to watch! While this reality may seem challenging, it will lead colleges to make a greater effort to differentiate themselves to attract students and the revenue they provide. Applicants should still have ample opportunities as long as they look closely for the programs they want to pursue.