Submitted by rob (not verified) on November 3, 2008 - 12:52am.
According to the figures they will have a harder time obtaining students in the future as well. That's because:
1. The boomer bubble will be finally passing through the higher education system by 2010, roughly two years from now. The boomers and non-conventional students have been on the decline for a few years now, and will most likely be non-existent by the year 2011. Of course this is with some exceptions outside the bell curve from Gen X'ers who are thinking they may go back to school for their degree, but will generally go to inexpensive schools.
2. The High-School bubble is passed through 12th grade the summer of 2008. From here on out, the numbers of high school students particular in the 12th grade will be declining. This is of course with some exceptions such as immigration, transient students and transfer students.
With a much smaller applicant pool, the colleges and universities will be hit first. With retiring baby boomers and a 4.1 trillion dollar social security problem to support them, the money that was so easily obtained by school systems will just dry up. This will really become evidentally clear by or before 2015.
People are really underestimating the demographic winter, and the baby boom population and its economic effect, it's going to hit like a time bomb, and it's my opinion that it will be worse than any depression we have known here in this country particularly. The funniest thing about all this, is that higher-ed liberals are trying to deny the future problems by citing 'radical white supremist' theory, and they are the ones with access to all the numbers. Nothing trumps the ivory tower.
Declining Demographics
According to the figures they will have a harder time obtaining students in the future as well. That's because:
1. The boomer bubble will be finally passing through the higher education system by 2010, roughly two years from now. The boomers and non-conventional students have been on the decline for a few years now, and will most likely be non-existent by the year 2011. Of course this is with some exceptions outside the bell curve from Gen X'ers who are thinking they may go back to school for their degree, but will generally go to inexpensive schools.
2. The High-School bubble is passed through 12th grade the summer of 2008. From here on out, the numbers of high school students particular in the 12th grade will be declining. This is of course with some exceptions such as immigration, transient students and transfer students.
With a much smaller applicant pool, the colleges and universities will be hit first. With retiring baby boomers and a 4.1 trillion dollar social security problem to support them, the money that was so easily obtained by school systems will just dry up. This will really become evidentally clear by or before 2015.
People are really underestimating the demographic winter, and the baby boom population and its economic effect, it's going to hit like a time bomb, and it's my opinion that it will be worse than any depression we have known here in this country particularly. The funniest thing about all this, is that higher-ed liberals are trying to deny the future problems by citing 'radical white supremist' theory, and they are the ones with access to all the numbers. Nothing trumps the ivory tower.