The elimination of higher education would be welcome news — here is Michael Swartz writing at the Patriot Post:
“You’re going to see, over the next five years, a real increase in the number of schools in serious trouble.”
In less than a week, Americans will be exposed — with practically wall-to-wall coverage at that — to 68 of our institutions of higher learning as they take part in the annual NCAA basketball tournament. Teams that outperform expectations will benefit from an uptick in applications, and although many of the schools participating are already household names, who doesn’t take pride in seeing their alma mater in “The Big Dance?”
Unfortunately for the high school Class of 2019, whose students are just now beginning to determine where they’ll go to college, there’s a different sort of elimination going on, with much higher stakes. A long-term downturn in enrollment, along with a decline in the number of Americans who believe a college education is worth the money, is beginning to affect many schools’ bottom line. While this won’t immediately affect a state-supported public university or Ivy League schools with their multi-billion dollar endowments, those who’d prefer a smaller campus and more intimate setting may find that many small colleges are the first to fold.
As an example, based on a Wall Street Journal ranking of more than 1,000 schools accounting for a number of factors, one observer painted a bleak picture for schools near the bottom of the list. “You’re going to see, over the next five years, a real increase in the number of schools in serious trouble,” said Ohio University’s Richard Vedder, who heads the school’s Center for College Affordability and Productivity. “A degree from one of these lower schools doesn’t mean much of anything.” These closings will also expand the so-called “education deserts” that are defined in part as areas outside a convenient radius from four-year colleges.
Read more: Patriot Post