He’s right, at least for the US: since the economic crisis of 2007–2009, Americans had fewer children, and that “demographic cliff” is starting to hit colleges,

He’s right, at least for the US: since the economic crisis of 2007–2009, Americans had fewer children, and that “demographic cliff” is starting to hit colleges, as the total (not just the sufficiently educated) pool of eighteen year olds available for recruitment is shrinking and will shrink 15% over the next 15 years. https://www.npr.org/2025/01/08/nx-s1-5246200/demographic-cliff-fewer-college-students-mean-fewer-graduates https://www.npr.org/2025/01/08/nx-s1-5246200/demographic-cli... Colleges in the US are panicking over enrollment.