Niche

FEBRUARY 17, 2025

The most significant driver of the higher education enrollment cliff is the sharp decline in birth rates following the 2008 economic recession. During that time of economic stress and uncertainty, people were having fewer children, with the number of kids born between 2008 and 2011 plummeting dramatically.

Enrollment

AdmissionSight

NOVEMBER 25, 2024

Since 2008, this initiative has made sure that Vanderbilt meets 100% of every student’s demonstrated financial need—without loans. That’s right, absolutely zero loans. Financial aid packages are made up entirely of grants and scholarships, so you can graduate without drowning in debt. last year and 11% in 2022.

Programs

Admissions Village

JULY 22, 2024

The demographic cliff refers to how the number of traditional college-aged students will peak in 2025 and then decline dramatically for several years, the result primarily of declining birth rates following the 2008 recession. Many if not all of the top colleges have been working towards this. Colleges are investing in this priority.

Loans

Discovery College Consulting

MAY 8, 2024

Much of this increase is due to a drop in funding from states following the 2008 financial crisis. King Alexander, explained that in 2008, 70% of the school’s funding came from the state government, with just 30% coming from students in the form of tuition and fees. Students can spend 20 plus years paying off these loans.

Loans

Top Tier Admissions

JANUARY 31, 2024

percent early acceptance rate, the lowest in history since adopting its current non-binding early admissions model for the Class of 2008. Nor did the College announce the percent of students accepted who are eligible for federal Pell grants; the news announcement did note that among those accepted today, 20.8 percent last year.”

Early Admission

BestColleges

JANUARY 5, 2023

The average 529 balance has only decreased during the economic downturns of 2008 and 2022. Note Reference [7] It's possible that more people were drawing money out of their 529 plans to return to school during the 2008 recession. You can use up to $10,000 of a 529 plan to repay qualified student loans. Note Reference [8].

Tuition

BestColleges

FEBRUARY 1, 2023

I also received Pell Grants , KEES money for academic achievement in high school, and other need-based grants. Maxing out the federal, state, and university aid given to me, I was able to attend undergrad pretty much loan-free. I made the dean's list for the first time and remained on the dean's list until I graduated in 2008.

Grants