More colleges face bankruptcy even as top schools experience record wealth

By: | December 1, 2021

Across the country, colleges are in crisis.

Fewer students went back to school again this year, dragging undergraduate enrollment down another 3.5% from last year, according to a report from the National Student Clearinghouse Research Center.

Combined with last autumn’s declines, the number of undergraduate students in college is now down 7.8% compared to two years ago — the largest two-year enrollment drop in the last 50 years, the report found.

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