More colleges face bankruptcy even as top schools experience record wealth
Jessica Dickler
November 27, 2021
KEY POINTS
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Since 2019, undergraduate enrollment nationwide has fallen 8%, putting some colleges in severe financial distress.
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Only the country’s top universities are faring better than ever.
Across the country, colleges are in crisis.Fewer students went back to school again this year, dragging undergraduate enrollment down another 3.5% from last year, according to a report from the National Student Clearinghouse Research Center.
Combined with last autumn’s declines, the number of undergraduate students in college is now down 7.8% compared to two years ago — the largest two-year enrollment drop in the last 50 years, the report found.
