The most extreme predictions envision hundreds and even thousands of colleges and universities closing over a decade or so. But more even-keeled analysts also have foreseen increases in the number of failing institutions… New federal data suggest the increasing financial pressures may be starting to take a toll on institutions. An annual report from the Education Department’s National Center for Education Statistics shows that the number of colleges and universities eligible to award federal financial aid to their students fell by 5.6 percent from 2015-16 to 2016-17. That’s the fourth straight decline since a peak of 7,416 institutions in 2012-13. It is also by far the largest (the others were 0.3, 1.2 and 2.0 percent, in order)… That combination of factors contributed to a one-year drop of 11.2 percent (from 3,265 to 2,899) in the number of Title IV-eligible for-profit institutions, according to the federal data, and a sharp decline of 17.8 percent since the 2012-13 academic year.

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by Doug Lederman, Inside Higher Ed.

Posted: July 19th, 2017, by: admin. Categories: . Awaiting Comments.