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.
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.
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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.
BestColleges
FEBRUARY 13, 2024
8, Vanderbilt announced all students from families making $150,000 or less per year will receive full tuition scholarships as part of an expansion to Opportunity Vanderbilt , its no-loan financial aid program. "We Vanderbilt created Opportunity Vanderbilt during the financial crisis of 2008 and has provided over $2.6
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. Its Opportunity Vanderbilt program, which meets 100% of demonstrated financial need without loans, makes sure students from all backgrounds can thrive.
BestColleges
FEBRUARY 1, 2023
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. I also received Pell Grants , KEES money for academic achievement in high school, and other need-based grants.
BestColleges
JANUARY 27, 2023
Now consider birthrates during the Great Recession, which began in 2008. The number of kids born between 2008 and 2011 plummeted dramatically. Take the birthrate of a given year and fast forward 17 and 18 years — when most kids start college.
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