At first glance, the cracks seem to be forming.
In the fall of 2012, published tuition and fees for in-state students at four-year U.S. public schools rose just 2.9 percent from a year earlier, the smallest increase in 33 years, the College Board reported. At private schools, published prices rose 3.8 percent, lower than the increases in recent years.
At the same time, the number of students enrolled in colleges and universities fell by nearly half a million after two decades of substantial growth, according to the U.S. Census Bureau.
Moody’s rating service has warned that enrollment declines threaten the finances of many colleges.
The academic world is in for quite the shakeup. The issue is not IF, it is WHEN.
If this latest report is any indicator, that shakeup is going to come down sooner rather than later.