U.S. colleges poised to close in next decade, expert says - https://news.ycombinator.com/item?id=45171434 - September 2025
Looming 'demographic cliff': Fewer college students and fewer graduate - https://news.ycombinator.com/item?id=42634596 - January 2025
Predicting College Closures and Financial Distress [pdf] - https://www.philadelphiafed.org/-/media/frbp/assets/working-... - December 2024
BestColleges: Tracking College Closures and Mergers - https://www.bestcolleges.com/research/closed-colleges-list-s...
(At least 84 public or nonprofit colleges have closed, merged, or announced closures or mergers since March 2020 as of this comment; I think the evidence is strong smaller for profit schools with enrollments <1k will continue to close well into the future)
https://thebusinessfrontier.com/trump-tells-universities-to-...
The foreign student population, incidentally, had been a big subsidizer of the domestic student population. They pay full tuition and get no domestic financial aid. But that flow is getting shut off, and between the domestic cliff and this self-inflicted international cliff, they will close. A lot of smaller liberal arts colleges have shut down in the last decades and we’re busily working to send the destruction up the food chain.
History says no...
And in a world where every competitor in a given market is owned by one of two or three megaconglomerates, “voting with your feet” stopped mattering long ago.
I don't think we want a system together where the way to make it work is to cheat and increase corruption. Maybe there are better examples of good ol' fashioned honest companies just plan ol' out competing entrenched incumbents without cheating or lying or hurting the public.
> History says no...
Aside from the obvious typos, I think that there is a crucial 'not' missing in the first sentence.
Also, why single out state funded systems? I don't believe that private enterprises have been a great model for provision of goods or services over self enrichment. (I now see that stouset said the same hours ago: https://news.ycombinator.com/item?id=45546268.)
“The purpose of a system is what it does.” The current system sucks, and improvement is needed.