College Enrollment Falling – Forecast is for continued contraction
A recent New York Times piece published over the summer mentioned these statistics regarding higher education enrollment:
College enrollment fell 2 percent in 2012-13, the first significant decline since the 1990s, but nearly all of that drop hit for-profit and community colleges; now, signs point to 2013-14 being the year when traditional four-year, nonprofit colleges begin a contraction that will last for several years. The college-age population is dropping after more than a decade of sharp growth, and many adults who opted out of a forbidding job market and went back to school during the recession have been drawn back to work by the economic recovery.
Last month we did a blog piece, Predictive Modeling for Strategic Enrollment Management, which explains how predictive analytics can help address these potential shortfalls in enrollment numbers.
As a follow-up to that post, we have a webinar scheduled on December 5th on how to build and utilize student enrollment models. We will also be going through some use cases regarding predictive modeling in enrollment. You can check out more info on the webinar and register here.
What has your experience been with enrollment numbers? If you have thoughts on this issue, fill out a comment below.
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