> Colleges grapple with a shrinking number of high school grads This ^^^ is the key. These colleges aren't being nice. There is simply not enough demand for th

> Colleges grapple with a shrinking number of high school grads This ^^^ is the key. These colleges aren't being nice. There is simply not enough demand for the amount of supply. That is, prices fall. On the other hand, this was also the root of the student loan crisis. Supply is relatively fix. But cheap and easy to get loans drove up demand. Which further increased price. Which required bigger loans. You see where this is going :) There are plenty of good reasons for the biz model shoe of higher edu to drop. It looks like that's finally starting to happen.