Low enrollment is forcing some small colleges to close
ฝัง
- เผยแพร่เมื่อ 28 ก.ย. 2024
- Small universities and colleges are being forced to close due to low enrollment. An expert tells NBC News that there could be one closure per week by the end of this year, leaving students with fewer options. Valerie Castro takes a closer look at the driving forces behind the closures.
» Subscribe to NBC News: / nbcnews
NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows.
Connect with NBC News Online!
Breaking News Alerts: link.nbcnews.c...
Visit NBCNews.Com: www.nbcnews.com/
Find NBC News on Facebook: / nbcnews
Follow NBC News on Twitter: / nbcnews
Get more of NBC News delivered to your inbox: nbcnews.com/newsletters
#College #University #Enrollment
I think there are too many colleges. And yes, many of these institutions are not honest about their financial stability.
Especially for-profit colleges...
What in the anti-intellectual nonsense?
Most don't want to spend 10k or better for college just to find themselves working for $15 an hour after college 😅
Try $100K+. Fontbonne's tuition is/was $28,976, not counting fees and housing.
I never went to college and make 70k
@@r5t6y7u8 maybe so but its not on average, or another words "common"
@@r5t6y7u8 that's crazy 🫣
@@cpreality672 I climb trees for a living and make about the same, give or take a little depending on my motivation 😅
Corporate greed is destroying us.
Imagine when AI accelerates we will really see the effects of the population collpasing. Have u ever seen bicentennial man, it will be kind of like this
By corporate greed, do you mean greedy colleges?
You mean the GL.
You obviously have no idea how economy works
@@miscellaneous714 yah me, Bernie Sanders and 60% of working class Americans living paycheck to paycheck have no idea that an economy that mostly only works for the 1% isn’t sustainable.
Convert the closed universities into affordable housing, rather than to tear the buildings down!!!
Not that simple. Campus would need to be rezoned as residential. It would also be costly to convert academic classroom or offices into living spaces.
@@weirdo1060 Bureaucracy eliminates immediate practical solutions and innovation.
Aren't most of these small colleges located in towns and suburban areas away from major, expensive cities? I doubt that doing this would do much for making housing more affordable, especially in the areas where it is really unaffordable.
@@weirdo1060 womp womp - the rules supersede the necessity and gate keep these potential housing ideas. sucks.
Zoning laws don't allow that
Sad but necessary. The next generation is much smaller. They can’t keep these open.
This is really why, it's a demographics issue
Less people graduating high school was noted
More like students see no value in tiny private schools with absolutely no prestige and are going to CC, state schools, or more notable private ones.
@@TheFort87amen
That’s what ya get for overcharging for degrees, offering useless degrees and lying through your teeth to teenagers.
A lot of these schools that are closing are literally taking anyone with a pulse, passing them and not teaching them anything
Why pass them when you can fail them and bill for another semester? 👀😮🥹
@@H33t3Speaks because then you appear racist or kids take other professors. I have heard of professors who are actually afraid of this .
@@H33t3Speaks doesn't look good and gets rid of funding. Having low population but still being able to pass you can apply for more money from the state government.
A lot of public universities offer more for less for in state students. It's already expensive as is
Maybe Republicans should look into low or free tuition, unless they are banking on low-paying employees for their corporate MAGA members.
Low educated people vote Republican so that is exactly what they are doing
Universities in other western countries…do not have nearly as high the price tag as our US universities, even community college is ridiculous now…so expensive.
Trade schools/community colleges have been pushed the last few years. This situation is also a result.
Looks like military recruiters are gonna hit their quotas a lot quicker
You could just stop charging a fortune for kids to get an education that has become the bare minimum expected in the job market… perhaps pivoting away from that disgusting business plan would help?
There are small colleges that on the verge of closing soon or a few years later that participate in affirmative action just to get more students. It doesn’t work a lot. A college got more international students from Asia due to it as they gave them free acceptance letters.
A community college that I attended ended up merging with the local university by moving to one of the university's buildings. It is also without bus service to get to the location which caused enrollment to dwindle drastically, because the cost of owning a car is equal to a house payment per month in this particular area that I am referencing.
Really? Which area, town or city in the US? What is a house payment? That seems to much for cost of owning a car unless if own a luxury vehicle like Mercedes Benz, BMW.
@@jacqueslee2592 The expenses of owning a car while a student is astronomical in Iowa City and surrounding cities. By the time you take into consideration the car payment, car insurance, fuel, body work and maintenance, outrageous parking fees and other expenses, it is equal to a house payment or $900 or more (depending on where you live in Iowa City or surrounding communities).
@@aidenalamo6262 Really. Wow. Thank you for sharing. Here in California rent is $2000. I rather pay for a house than rent. Iowa city seems cool.
@@aidenalamo6262 car payment? Get you an old used car from the 90s. Only payment is maintenance
I went to a university that was smaller than my highschool. It was a wonderful experience
my unjversity institute was also merged into another. because our subject area Information Science has become niche and has been replaced by Data Analytics. Data Analytics got its own center 2yrs ago here. While we were merged with the Operations Research institute. It's life.
Can’t you just get a liberal arts education online?
Gather, read, listen, talk, learn. Education at that level is not the same as watching youtube videos (as much as I like the latter!). Cheers, Guy
College is much more than the classes. It’s the whole experience.
Good. College sucks unless you’re studying for a STEM, medical, or business related career path
I've heard that comment for years The problem with that statement is that the average American doesn't have the aptitude to learn hard sciences and mathematics
I got a degree in accounting and finance and the jobs out there require 5 years of work experience for entry positions. The internships are very competitive and there's many like me running around taking labor jobs.
@@bebdaumon3948 labor jobs such as?
@@bebdaumon3948 Saying an entry level position requires 5 years of experience is a way of say "we want experienced people, but we only want to pay them entry level wages." And in a bad economy, it works as people will take what they can get.
@@bebdaumon3948 What was your GPA? You can't just have a degree, you need to demonstrate aptitude through a crushing GPA. I think accounting is a pointless degree but a finance degree with a high GPA can get you into the investment banking path...
Sounds like a personal problem. Colleges that make most of their money in Liberal Arts are bound to fail... Most of their students have very little chance of gaining true wealth to be able to donate back and make up for the financial challenges...
If most of the degree programs pay less than 70k in the market, the school is not set up for long term success.
Inevitable. Since birthrates will not increase in the foreseeable future, the answer is increasing the number of people allowed to legally emigrate to the United States. They bring their kids with them, they will create new markets, enlarge the student pool, and bring more workers to support our eldrly who depend on Social Security and Medicare.
You incels all talk the same
Don't worry. Wash U will purchase the property and make good use of it.
2 year degree was costing me 40k. So I walk out.
You can make more money with an associate degree than a bachelor degree anyway. Forbes published the highest paying jobs that require an associate degree every year.
safer at home. less driving better for the ozone too.
?
Ysbt?
people cant afford college in general and people need to work while attending school to pay bills
Cant you file for debt forgiveness if your school closes?
No. They are giving debt forgiveness to people that went to unaccredited scam schools.
Good. Too much overcapacity. College has a low return on investment.
GOOD! It’s a worthless system. Outdated.
Calling half of the population they are toxic. What did they think was going to happen.
They all will get a job in Walmart!
Career College is so much better.
Good.
Too many "snowflake academies" right now.
fraud ad here. keyboard fraud!
Good.
They said "don't go to college if you can't afford it." People listened...
That’s not the whole story. People are having less kids. You need to actually have breathing human beings in class in order to keep a college open.
@@latrinemarine826this is a terrible point considering the general rise in population and also large rise in college attendees
@@scooterankle6709 Real head scratcher of a comment you have there. The birth rate is declining world wide and that means less children, less immigrants over time, and less people to fill colleges in general. Go do some actual research please.
@@latrinemarine826 just because the birthrate is declining in some countries does not mean the population is not increasing overall. Since college attendance in the United States has grown astronomically it’s completely ridiculous to blame the birth rate instead of maybe the fact that it’s not economical or logical to attend small colleges
@@latrinemarine826Specifically, in the global northern 1st world countries. Usually global southern countries like Subsaharan Africa, middle east, the khorasan region, and maritime southeast asia has higher birth rates
Things are way more expensive that they should be. Too much greed in the system.
Yup. Rich gotta rich. Poor gotta serve, suffer, and submit. 💪😎✌️ That's the thousand-year system, baby.
Don’t blame corporates. Always blame government for overspending and making inflation worse
@@miscellaneous714always blame corporate for their greed.
@@patrickm6012 Everyone is greedy! It is just human nature
@@miscellaneous714that doesn’t mean it’s good, we humans have enough conscience to change what we consider bad behavior even if it’s “human nature”
“Students are not astute consumers of a institutions finances” - No truer words have been spoken, colleges have been exploiting this for far too long. Students are consumers, and for far too long we have not been getting our moneys worth.
dont commit to these super small no-name schools, there are equivalent state or well-known colleges with >70-80% acceptance rate to apply to and choose
A lot of these are religious institutions. The costs are just outrageous.
@@andrewd.conard5088 I've never understood why some people shell out $100K just to go to a religious school. What, it has a church on campus? You can go to church down the street for free. Some people just don't make good choices.
But on the list of things to look for I live near a major college and went to grad school at an even bigger school in the big 12. Both checked every red flag.
Ironically my no name undergrad doesn’t have all the red flags. So we’ll-known might not be the answer especially with a lot of the power grabs and safety issues I’ve been hearing out of a lot of these big schools. Like my friend literally failed a class last semester because of his major as a great example of a power move.
If your parents are rich it doesn't matter or if you know rich parents (and are friends). If the school has rich alumni that hires recent graduates - it also doesn't matter.
Many colleges and universities have priced themselves out of existence. The cost of college has risen at TWICE the rate of inflation for years. This, plus a smaller student population overall will make many smaller schools unable to compete, and obsolete.Especially private ones. Look for more schools to close their doors in the future. I predicted this over a decade ago.
when I was in college, i had to pay for the new student services building that was bulit way before I enrolled, student health insurance that was $400-$500, "free tickets" for on campus sporting events. It doesn't help that they force you to live on campus for the first two yrs either.
Too expensive.
Employers are using college degrees as a means of filtering applicants, nothing more. I never graduated from college, and I still had an amazing career regardless.
Very true. What do you do for a career?
@@andrewd.conard5088 Firefighter Paramedic Lieutenant Specialist.
(You have to do something. lol.)
@@rescuegirlFirefighters are overpaid because of the union mafia
@@rescuegirlfirefighter😂 you know you messed up in life when half the country can volunteer for your career
@@MeBihhhh Not really. You need to be fit and most of the country is not fit.
Study in a community college.
Seeking some knowledge southwest community college.
Trade Schools are also ideal.
Yeah they are 2 year
Why? They generally are not the best.
@@eyeseer1but you still live paycheck tho
Half of college graduates work in jobs that don't require a degree. Also businesses are opening up many jobs to nondegree holding applicants that they required degrees for in the past. When the degree holders need to be bailed out from their student debt the degree has failed to do the job it was intended to do.
the whole point of college was to scam 18 year olds into 4 years of debt with a useless piece of paper that can get you $15/hr job at best or unemployment at worst. forget morals!!!!
Of course they are, so they can pay people less.
it's like buying an apartment building for $100 million yet no one can afford rent. owner's gunna go belly up :P
@@patrickm6012Got this one backwards; the phony paper meritocracy is over. It created swaths of indolent volatile morons that can’t even remain ensconced within the managerial class because they’re so deeply incompetent and morally bankrupt.
Every circus has to leave town some day. 🎉
the perfect storm: prices kept rising AND the population of college-aged kids cratered.
My son went to study in Seville - Spain, the costs are much lower and the quality is equal to or better than any ivy league university in America, plus, learning spanish and living for several years in EUROPE.
Do you get to learn woke ideology in Spanish? Bueno!
@@latrinemarine826 no.
@@latrinemarine826
As opposed to whatever conservative crap lies in your thick skull?
@@latrinemarine826What?
@@allgoodnamestaken6002Trump supporter trying to teach this guy what he learned from Fox News 😂
Why would you pay for something that isn’t going to support you these days???
Exactly. Besides, if you ain't rich, then you ain't sheet. What people need to do is simply be rich. If they can't do that, then they should become wealthy. Wealth is health; might is right. Money solves anyone's problems and always leads to popularity and success. Just look at Chump! Now THAT is the poster boy for Godhood, immortality, and worldwide success. He can't be touched, and it's because of one thing and one alone: *COIN*. 💵🇱🇷💵🇱🇷💵🇱🇷
#GodBlessChumpmerica
Let me guess, you struggled to get your GED😂 the poorest people I know are the ones that didn’t go to college
@@MeBihhhh I did go to college you dummy.
Fontbonne College is extremely expensive (30k for yearly base tuition + 9-12k for dorm housing) for what it is. I’m not shocked enrollment is down.
That’s considered expensive now?? Yale and Harvard are at 100k a year.
@@shawyonsharifi3394 Ivy league are about as far from the median cost as it gets. They are not in the least bit representative.
@@theonlycaulfield I see, I suppose ur right those are a bit of outliers.
If the school is in a small town, the town also suffers as colleges bring in money for businesses
“Try that in my small town”
The school system is dying out as it should.
If you're not pursuing a STEM/Economics/Finance degree and putting in the work to get a high GPA then you're just throwing money down the drain going to college. You're better off learning a trade...
IKR???
It’s concerning that no one here is mentioning education as a important degree… if you can’t make it through college you shouldn’t be teaching
Ok, mr. Plumber. Of course you can't explain that this situation is not caused by ''fine arts'' students or Phd's in Gender Studies without bonding it to economics/financial misuse of budgets and taxes caused by ''dextrous'' admistration staffs.
ugh ... business major moment
stem, economics and finance. ok so no social workers, teachers, librarians, journalists, archivists/curators, linguists, therapists, lawyers, counselors, diplomacy, translators, i mean the list goes on. part of what makes 1st world countries comfortable is the fact that there are so many jobs holding one company or establishment up. the doctor would be nothing without the nurse, cna and social worker. our pieces of physical history and museums would be nothing without the archivist, historian and curator.
Nobody wants to enroll into a debt. That’s why they have no enrollment and that’s why they’re closing down. If you gonna say the news say the whole story
Those college scammers can go bankrupt 👍
Yes….tuitions are insane. And if you aren’t a “name brand” school people don’t want to pay anymore
Bad schools should close and sell their physical assets.
The best students will transfer and graduate from some other school.
It's not a difficult issue.
Overall enrollment won't change that much.
Sooo, they are upset that no one can afford to go to college. Who decided to hike prices?? Not the people wo wanted to go to college but couldn't afford it, that's for sure...
Madame, students are astute enough to understand "We are not confident that we can afford to keep our doors open for the next four years." That's the least that college leaders owe the students who are touring and considering colleges as high school seniors.
People are waking up to the reality of the scam of higher education which for many, is a skillful investment, but for the masses, it’s a means of accumulating more crippling debt that doesn’t result in a sustainable salary. It’s an investment analogous in many ways to investing in the stock market.
Not worth going to college anymore. Going to college for me was a big mistake of my life.
It was good for me and for many other people. Maybe you didn't go to a good one, or perhaps you made poor decisions, or just had bad luck. Ninetheless, had you paid more attention in college, you might have learned to avoid making blanket assertions like the one you made.
Not worth studying engineering, medicine, finance, accounting, or even studying liberals arts to become a teacher? Yes, it is still worth going to college. The issue is the cost for most schools isn't in line with the ROI. Europe and Asia will crush the US if it doesn't get it's higher education problem solved.
@@costidisa
@@costidisa ummm... saying perhaps people are making poor decisions coming out of college.
X, your failing with your degree in hand.
Colleges failed students on what the real world is like. Not every job/occupation requires a degree.
Is there a degree for Customer Services Rep?? Nope - isn't that a great entry level job that many of us have?
Tiny percentage of colleges offer degrees in Medical Billing / Coding
How about Business Analyst?
How about Agile?
Sooooo many great jobs out here that pays six figures and there are NO Degrees (or a tiny percentage)
@@costidisa No, you are implying
I (costidisa) succeeded after college with a college degree.... so that means-- everyone should...
If you didn't! Well... Either YOU or YOUR school sucks.
I'm calling you (costidisa) out on your statement and thinking.. because it's incorrect to generalized everyone with a different outcome than yours
This is sad😢
I've been waiting for this. They are pricing themselves out of business. The grocery store would do the same if they charged $2,000 for a loaf of bread.
Colleges closing is a good thing. There are too many of them. But this only addresses half the problem. Tuition is out of control because of government backed loans. Get the government out of private lending and force schools to co-sign on loans. You will see a dramatic shift in tuition if you do that.
How are colleges spending their money? Also, the biased educational system that is leaving boys behind is resulting in fewer and fewer young men going to college every year. Oh well.
That's because of high tuition resulting from federal student loans that are too easy to take out.
kind of a blessing in disguise now they won't have to be burdened by college debt.
Lots of profs looking for work now!
As someone who has finally transfered this year I am very relieved that my college was on that list of financially stressed colleges. It took my a while to finally transfer to a college that actually fit me. Look if I could go back and talk to myself from high school, I would probably tell myself to do better research in finding a college that actually meets my financial and academic needs. To be fair, alot of these schools also has the problem of where they are since most people are also worried mostly on paying for school and lastly where the college is located if and when there are things to do. A lot of factors play into if a college can survive. All I know is please keep in mind where you go and understand your worth. College isn't for everyone and that this is your sign to leave, do it.
First world privileges wall of text?😂
Schools should close if enrollment drops.
I once worked at a school like this. It was awful.
I hope more colleges close.
If you can't attract customers, then you gotta close. In the end, they're a business.
Smaller colleges change up the course offerings eg trades , tech and medical fields , get a high employment rate post graduation w all the stats , and you will have people lining up to enroll !
This will continue as the birth rate continues to decline. You need to actually have students in class in order to operate a college.
The birth rate will continue to decline. Raising kids is too expensive
Is this partially what happened to Upsala College, East Orange N.J when it closed in 1995 after being open more than 100 years, since 1893?
Omg Khalia Booker ❤ i see you girl ❤
I remembered an ITT tech commercial playing during an episode of Jerry springer. That’s all I want to say…
The cost of living now is going to accelerate a lot of problems later down the road people ultimately decide to have fewer kids right now 20 years time those choices will come to roost
Hmmm I wonderrr whyyyy???
Get a job is what is next.
"Virtus et Scientia", Virtue and Knowledge . . . really?
Fewer High School Graduates....
No. That is not the issue.
Sky high tuition. That’s one reason. Declining religious belief is another reason.
The market is correcting itself
Why would you go to Fontbonne University? What? Are you gonna study housekeeping and become Martha Stewart?
Not one comment regarding America’s low birth rates? Isn’t it obvious colleges will continue close?
That’s not enough for colleges to close
@@Aeom_333yes it is because careers that need to take care of our older people are in very high demand and you don’t need a degree. Obviously other variables play into it
@@MeBihhhh That statement literally has nothing to do with birth rates lol what
@@Aeom_333 yes it does because there’s not enough young people to take care of old people due to the birth rates. This is why those jobs are in demand.
Do yourself a favor and get educated. You are like talking to a child
@@MeBihhhh There are more than enough young people of age to do those jobs are you serious? If people aren’t becoming nurses that’s a societal problem not a birth rate problem. Imagine thinking there aren’t more than enough young people who could care for the elderly 💀
It's spelled Fontbonne. You're welcome
Didnt save up six months
I’ve spent total of 50k completing BA and MA. Just now making 60k after 30 yrs working as mental health counselor. Love❤ work, but money sucks.
Actually students now are better and more financially astute than students 20 years ago. They are picking more viable majors and are more concerned about what are the long term prospects- salary and career trajectory. And I would say schools closing/consolidating is an example of that. The trades/boot camps/community colleges are highly in demand. People have wised up.
Focus on education instead of indoctrination, and perhaps students will learn something useful and find value in your institutions.
Fan Fan School, is not Fun Fun
I mean the value of a liberal arts education has been under siege for over a decade. Covid really kicked its butt- it was not worth attending at all 2020-2021. If you are interested in STEM or health/law programs, they are a liability. So just problematic all around
THAT'S HOSTILE GUY
This is so good. Religious institutions need to be banned anyways! But aside from that, college is a waste of time. Even community colleges have gotten so extreme with their requirements in terms of entry.
Charge 2k a semester and your enrollment will go up
Where can I buy their chairs and office furniture?
Universities need to look in the mirror. They kept driving up tuition rates.
This is a good thing. Companies need to start training their employees.
Why would anyone go to some small no-name private school?!?!?!
Why would you go to a college no one has heard of. Big colleges have better academics and way more resources.
How about this. Be less expensive 😂lol easy