{"id":592123,"date":"2023-09-21T22:03:25","date_gmt":"2023-09-21T19:03:25","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/college-closures-set-to-increase-amid-enrollment-drop-fitch\/"},"modified":"2023-09-21T22:03:25","modified_gmt":"2023-09-21T19:03:25","slug":"college-closures-set-to-increase-amid-enrollment-drop-fitch","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/college-closures-set-to-increase-amid-enrollment-drop-fitch\/","title":{"rendered":"#College closures set to increase amid enrollment drop: Fitch"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/08\/graduates_051718ap-file_save-plan.jpg?w=900\" \/><\/p>\n<div>\n<p>The United States may soon see more higher education institutions shut their doors as college enrollment has declined in recent years, according to a new analysis.<\/p>\n<p>A new report from\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fitchratings.com\/research\/us-public-finance\/more-us-higher-ed-consolidation-trimming-closures-to-come-20-09-2023\">Fitch Ratings<\/a>\u00a0stated that \u201cfurther closures, mergers and significantly reduced operations are inevitable\u201d for a handful of colleges due to low enrollment numbers and high tuitions. Fitch noted that it does not expect \u201cwidespread closures or downgrades,\u201d but said higher education institutions will have to evaluate what programs and departments meet their goals.<\/p>\n<aside class=\"ad-unit ad-unit--mr1_ab\"><\/aside>\n<p>Fitch warned that colleges that do not have \u201cstrong brands\u201d and are in markets where there is a steep decline in college-age adults are more likely to suffer from enrollment drops. It noted that high school graduates are expected to drop by 11 percent by 2036 in the Midwest when compared to the 2018-2019 academic year.<\/p>\n<p>\u201cMeaningful and persistent declines in student fee revenue, usually the result of unexpected enrollment drops, are common precursors to consolidation or closure,\u201d the analysis states.<\/p>\n<p>\u201cRed flags that indicate enrollment vulnerability often include volatility in incoming class size, frequent or unusual turnover in student recruitment functions, unsustainable levels of endowment support for student scholarship, and declines in the net tuition per student metric, whether due to changes in sticker price or discounting,\u201d the analysis added.\u00a0<\/p>\n<p>Without steady enrollment rates, small private colleges are the most at risk because they are more likely to rely heavily on tuitions as their main revenue stream, Fitch also noted.<\/p>\n<p>A few colleges \u2014 including Alliance University and Medaille University in New York \u2014 have already closed this past year, while others have merged with neighboring institutions.<\/p>\n<p>Undergraduate enrollment\u00a0fell for the third straight year\u00a0in 2022, with data showing that\u00a0about 1.3 million fewer students enrolled in a higher education institution during the two previous years. Community college enrollment has\u00a0also plunged by nearly 40 percent\u00a0since 2010, demonstrating a potential loss of confidence in the two-year college sector.<\/p>\n<\/div>\n<p>Copyright 2023 Nexstar <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Media<\/a> Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thehill.com\/homenews\/education\/4216802-college-closures-set-to-increase-amid-enrollment-drop-fitch\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United States may soon see more higher education institutions shut their doors as college enrollment has declined in recent years, according to a new analysis. A new report from\u00a0Fitch Ratings\u00a0stated that \u201cfurther closures, mergers and significantly reduced operations are inevitable\u201d for a handful of colleges due to low enrollment numbers and high tuitions. Fitch&#8230;<\/p>\n","protected":false},"author":1,"featured_media":592124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/08\/graduates_051718ap-file_save-plan.jpg?w=1280","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[67890,134418,134353,10574,144812,124783,70289,74452],"class_list":["post-592123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-college","tag-congress-blog","tag-court-battles","tag-education","tag-fitch-ratings","tag-international","tag-senate","tag-university"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/592123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=592123"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/592123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/592124"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=592123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=592123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=592123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}