Summary
College enrollment among 18-year-old freshmen fell 5% this fall, with declines most severe at public and private non-profit four-year colleges.
Experts attribute the drop to factors including declining birth rates, high tuition costs, FAFSA delays, and uncertainty over student loan relief after Supreme Court rulings against forgiveness plans.
Economic pressures, such as the need to work, also deter students.
Despite declining enrollment, applications have risen, particularly among low- and middle-income students, underscoring interest in higher education. Experts urge addressing affordability and accessibility to reverse this trend.
The article says it has to do with declining birth rates
"The enrollment cliff concept came about within higher education after years of declining birth rates in the US, triggered by the Great Recession. Earlier this year, the CDC released data indicating that the US had hit a historic low in its annual number of births – declining 2% from 2022 to 2023 and then 3% in 2023.
“Since the most recent high in 2007, the number of births has declined 17%, and the general fertility rate has declined 21%,” the August 2024 data shows."
2024-2007=17.
Your math is wrong. The birth rate drops haven’t hit college yet.