By Richard Garrett, Chief Research Officer
Enrollment in US higher education has fallen for three years in a row. For traditional age students, the explanation is well-known: The country is in the midst of a slump in the number of 18-24 year olds, the economy is strengthening, and the “Great Recession” led to a peak in enrollments. These trends suggest the decline is temporary and stimulated by demography more than demand. Between 1992 and 1995, the only other time since World War II that total US enrollment declined three years in a row, circumstances were similar.