> Many of the 3rd-tier institutions are going to go bankrupt anyway
Source? I have been reading this every year since like the financial crisis.
Well since you mentioned it, I posit that most of the financial issues the world is facing today is because the GFC wasn’t allowed to occur, it’s been a slow bleeding out ever since.
The number of students graduating high school peaked in 2025 and has now started a gradual decline. Colleges are essentially now playing a game of "musical chairs" competing for students and there aren't enough to go around. The elite institutions and cost-effective state schools will probably be fine but less exclusive private colleges without a solid value proposition have no clear path to survival.
https://www.wiche.edu/resources/report-u-s-high-school-gradu...