Public universities in rural America are facing a crisis. Enrollment is down, state funding is cut, and it’s only going to get worse. In an attempt to keep their doors open, schools are being forced to cancel majors, promote new non-degree programs and layoff professors.
Most universities were founded generations ago, when rural communities were thriving. As people moved toward cities, and had fewer children, many rural universities have fallen on hard times.
At the University of Wisconsin-Stevens Point degrees in history, French and German, are to be eliminated.
The problem is so widespread, however, that Harvard professor Clayton Christensen has said, “50% of the 4,000 colleges and universities in the U.S. will be bankrupt in 10 to 15 years.”
While enrollments in colleges and universities have dwindled since 2010, enrollment in online programs is on the rise.
Geek out about Trump’s rollback on Obama-era rules on for-profit universities, the schools that have come under scrutiny for charging more tuition than the income from the degree they offer are ultimately able to produce.
Will half of US colleges and universities be bankrupt in 10 years? Let’s take a look at the debate.