Will higher ed go up during this economic downturn?
Reported by EdSurge, historically, higher education has been countercyclical to the market. As people lose their jobs, they turn to higher ed to get upskilled, earn their degree, and secure their next career opportunity.
But that may not be a sure thing this time. With the length of this recession uncertain, and with degree alternatives like bootcamps a much more available option than during the last recession, will individuals opt-in for the costlier degree programs to up-level themselves?
The takeaway? Let’s not count on an enrollment upswing coming out of this. But let’s fight to make our cause to people looking for hope and help right now.
May you continue to fight the good enrollment growth fight at your institution today, and we’ll see you again tomorrow.
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