This is kind of misleading. There were 16 nonprofit college and university closures in 2024 [1]
I also have reservations about making predictions of what will happen in 10 years, much less 40. There are challenges relating to demographic change but it's not predetermined as you present it.
Every time someone makes a confident prediction about the future 10 or more years out all I can think of is the Population Bomb book [2]
1. https://www.insidehighered.com/news/business/financial-healt...