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It’s getting more and more difficult to justify undergrad 4-year degrees I don’t find it all that surprising that when you strip out the facilities and don’t dr
by awat 6y ago
It’s getting more and more difficult to justify undergrad 4-year degrees I don’t find it all that surprising that when you strip out the facilities and don’t drop tuition it’s causing this effect.
It’s essentially a luxury service in many ways without the ability to provide the luxury.
- throwawaygh 6y agoYup. The only reason colleges aren’t facing the wipeout of gyms or restaurants is that education is extremely counter-cyclical
- legerdemain 6y agoThe effect of... unchanged enrollment in four-year programs? Did you read the linked article? Bachelor's degrees are not significantly changed, post-bac programs are up 20% or more, and master's programs are up as well. This suggests that students with money are seeking more schooling and more expensive schooling, not less. It's the poor people who get two-year degrees who are dropping out.
- unishark 6y agoThere is typically more of a counter-cyclic effect expected from recession, however. At the school where I work, enrollment this semester set a new record. Apparently that came at the expense of some other school(s). But I agree with your point generally, this probably has nothing to do with a backlash against college itself, and instead seems to be something more specific to "college-adjacent" degree programs.