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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

The impact of this is economic decline, Jeff Strohl, director of the Georgetown University Center on Education and the Workforce, said bluntly. Still more new research, from the Federal Reserve Bank of Philadelphia, projects that the pace of college closings could now accelerate. Related: Interested in innovations in higher education?

Economics 144
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10 years later, goal of getting more Americans through college is way behind schedule

The Hechinger Report

At this rate, the target won’t be met until at least 2041 , the research arm of the nonprofit Educational Testing Service, or ETS, predicts. The consequences are a slowdown of economic and social progress. That’s the separate goal set out by the Lumina Foundation to achieve by 2025.

Economics 111