Last week, we shared a new WICHE report that predicts a dramatic demographic shift in college-bound students by the 2020. A recent report from the Department of Education confirms those predictions and provides additional insight into their impact on college enrollments over the next ten years.
According to projections recently release by the U.S. Department of Education, the growth we’ve experienced in college enrollment over the past 14 years is expected to slow by the year 2021. Projections show that total number of students enrolled in degree-granting institutions will continue to rise through 2012, but by only 15 percent – down from the 46-percent increase that occurred between 1996 and 2010.
Both public and private institutions are expected to see enrollment gains of 15 percent in the coming years. That represents a more considerable challenge for private colleges, which have experienced an increase of 81 percent from 1996 to 2010. By comparison, public institutions saw enrollment grow by 36 percent over the same period.