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AACRAO 2011
- 1. Higher Education ata Crossroads: The Five Worrisome Trends
- 2. Is the HigherEducation Bubble About to Burst?Housing: Easy access to credit, fueled demand (multiple offers), fueled prices (competing bids), fueled trading up and flipping…
- 3. Higher Education: Easyaccess to credit for students, fueled demand for higher-priced colleges, fueled application and enrollment growth (especially at for-profits), fueled colleges to borrow more to meet student “needs”The end of the climbing wall era?
- 4. Worry #1The joblessrecovery and what it means for families
- 6. Worry #2The endof the records: applications and enrollment
- 7. Applications to CollegeIn2009, about 75% of colleges reported receiving more applications than in the previous year. Only 18% of institutions reported application decreases.
- 8. 74% of Fall2008 freshmen applied to three or more colleges, an increase of 13 percentage points over the last 18 years. The percentage of students who submitted seven or more applications also increased, reaching 22% in Fall 2008.SOURCE: National Association for College Admission Counseling
- 9. Increases in UndergraduateEnrollment, 1998-2008
- 10. Projected Change inNumber of High School Graduates 2011-2021
- 11. Worry #3Unsustainable tuitionrates and student debt
- 12. Tuition & FeesSOURCE:The College Board
- 13. Tuition & FeesCompared to State AppropriationsSOURCE: The College Board
- 14. Tuition DiscountingPercentage growthsince 1990-91 in average price for tuition, fees, room, and board, adjusted for inflation:
- 15. Distribution of Debt,2007-8
- 16. Total Debt forGraduate Degree Recipients, 2007-8
- 17. Worry #4The for-profitbubble
- 18. Undergraduate Enrollment byType of College, 1998-2008
- 19. 3-year default ratesare 5 times as high as 2-year rates at some colleges
- 20. Worry #5Families unwillingto pay big bucks just for the credential
- 21. Academically Adrift?Price-sensitive studentsand families
- 22. Asking: What arewe paying for? Want quality and job placement. Defining and paying for the core experience..
- 23. Academically Adrift?Limited orno learning by a majority of students
- 24. 45% of studentsmade no gains on the Collegiate Learning Assessment during their first two years in college
- 25. 36% made nogains over the entire four years
- 26. How much facultydemand matters
- 27. Students who wereassigned more books and more papers to write learned more
- 28. Those who spentmore hours studying alone learned more
- 29. Field of studymatters
- 30. Humanities, social sciences,hard sciences, and math did relatively well.
- 31. Students majoring inbusiness, education, and social work did not. Increasingly, Faculty Members Are Part-Time and Nontenured
- 32. We’re Both inthe Information Delivery BusinessAudrey Williams June: Academic workplace issuesEric Hoover: Admissions | Head Count blogJosh Fischman: Faculty and TechnologyJennifer Ruark: Features and Chronicle ReviewScott Carlson: Facilities and Architecture Goldie Blumenstyk: College finance | For-profits| Technology transferJeff Young: Technology | TeachingDavid Glenn: Teaching | Curriculum | Assessment
- 33. What Are theSigns? “Newspapers had a decade to transform themselves before being overtaken by the digital future. They had a lot of advantages: brand names, highly skilled staff members, money in the bank. They were the best in the world at what they did — and yet, it wasn't enough. The difficulties of change and the temptations to hang on and hope for the best were too strong.” -Kevin Cary The Chronicle, April 3, 2009
- 34.
Editor's Notes
- #15 So how did many pay for this rise in tuition. Mostly loans, and increasingly private loans. Pay particular attention to the for-profits. I’ll get to that later.This graph only shows undergrads and more and more people are going on to graduate and professional schools. The numbers get even more depressing there.