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The number of 18-year-olds is about to drop sharply, packing a wallop for colleges — and the economy 

The Hechinger Report

Thats because the current class of high school seniors is the last before a long decline begins in the number of 18-year-olds the traditional age of students when they enter college. By 2039, this estimate shows, there will likely be 650,000, or 15 percent, fewer of them per year than there are now.

Economics 144
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College Uncovered: The Demographic Cliff

The Hechinger Report

Since those are the traditional customers for universities and colleges, enrollment is projected to fall dramatically and campuses to close. Archival news footage] More than two million prime mortgages, traditional loans for people with good credit, are now delinquent. That means a looming decline in the number if 18-year-olds.