Four Strategies to Combat the Demographic Cliff
The landscape of higher education is evolving rapidly, with universities facing challenges such as the student demographic cliff, declining enrollment, increasing student price sensitivity, and having less information on student caliber with fewer students taking the SAT and ACT. To navigate these challenges successfully, institutions must adopt strategic and data-driven approaches that focus on long-term outcomes and impact. Here are four analytical strategies that we recommend for universities to combat these issues.
Communicating Scholarships: Our Compiled Tips and Tools
Through our research with colleges and universities across the country, we have seen that student price sensitivity has been increasing (meaning students are less likely to enroll as out of pocket price increases). This makes price transparency very important for schools to understand and embrace.
The Impact of Tuition Resets
During Fall 2022, enrollment declined by 1.1% compared to Fall 2021 enrollment numbers. This is closer to the pre-pandemic enrollment declines that were expected, although these results were certainly not desired. First year freshman enrollment declined in all four-year sectors ranging from highly selective private institutions to public flagship universities. This continual decline has led more colleges and universities than ever to consider or implement a price freeze or a complete tuition reset.
How Colleges Can Boost Enrollment with Smarter Financial Aid Strategies
Many colleges and universities struggle to communicate the value of their academic programs to students and families. This can be attributed to not quantifying and promoting return on investment, student price sensitivity, and overly complicated cost and scholarship structures. SightLine and Meadow partner to address affordability concerns and value concerns to enroll more students.
Navigating the Storm: Economic Cycles and Demographic Cliffs
Higher education is facing a perfect storm, as various economic factors, demographic shifts, and institutional challenges converge to create a complex landscape for colleges and universities. In this article, we will explore the dynamics of the converging economic cycles, the impending student demographic cliff, and the resulting enrollment and tuition pricing crisis in higher education.
Three Ways Price Transparency Increases Access to Education
Access to higher education is a cornerstone of individual growth and societal progress. In recent years, initiatives aimed at increasing price transparency and improving scholarship access have emerged as key factors in boosting college enrollment rates. This article explores how these measures contribute to breaking down financial barriers, empowering prospective students, and fostering a more inclusive educational landscape.