0
12M
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019 2020
6M
Note: Data are for institutions that grant associate degrees or higher in the 50 states and the District of Columbia that participate in Title IV federal financial-aid programs.
Source: National Center for Education Statistics
0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019 2020
Challenge #3: College Closures and Mergers The rising costs of higher education and the corresponding drop in enrollments have taken their toll. In fact, many colleges have paid the ultimate price – closing their doors or merging with other institutions after being in operation for decades or even centuries. 8,500,000 9,000,000 Note: Data are for institutions that grant associate degrees or higher in the 50 states and the District of Columbia that participate in Title IV federal financial-aid programs. Source: National Center for Education Statistics
9,000,000
8.25.2023
Between 2004 and 2020, 12,000 college campuses were closed. In a study by the State Higher Education Executive Office and the National Student Clearinghouse Research Center, researchers zeroed in on a selected sample of 467 schools from that total. Their analysis: 8,000,000 2016 2021 2026 8,500,000
Source: Higher Ed HR Magazine , CUPA-HR Forecasted data from Higher Education Demand Index (Grawe, 2016)
8.25.2023
• The for-profit sector was hit hard, representing 78% of the college closings, often due to loss of accreditation • 21% were private, nonprofit schools • Public institutions were steady, representing less than 1% of the closures – and those were mostly online programs • Two- and four-year schools split fairly evenly, with 53% of closed colleges two-year, and 47% four-year
College Campus Closures by School Type, June 2004-June 2020 2016 Source: Higher Ed HR Magazine , CUPA-HR Forecasted data from Higher Education Demand Index (Grawe, 2016) 8,000,000 2021 2026
Public Four-Year
Nonprofit Two-Year
For-Profit Two-Year: 50% For-Profit Four-Year: 28% Nonprofit Four-Year: 18% Nonprofit Two-Year: 3% Public Four-Year: 1%
Nonprofit Four-Year
Public Four-Year
Nonprofit Two-Year
For-Profit Two-Year
Source: Burns, et al. For-Profit Two-Year: 50% For-Profit Four-Year: 28% Nonprofit Four-Year: 18% Nonprofit Two-Year: 3% Public Four-Year: 1%
For-Profit Four-Year
Nonprofit Four-Year
For-Profit Two-Year
For-Profit Four-Year
An analysis by bestcolleges.com reveals that college closures started ramping up in 2012 and peaked about 2018. 10 Source: Burns, et al.
125
Trends in College Campus Closures by School Type June 2004-June 2020
100
125
75
100
50
75
25
50
0
2004
2006
2008
2010
2012
2014
2016
2018
2020
25
Public
Private Nonprofit
Private For-Profit
0
2004
2006
2008
2010
2012
2014
2016
2018
2020
Public
Private Nonprofit
Private For-Profit
7
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