College Enrollment Decline Equates to $2 Trillion Lost Income - Report

Scott Winstead

Over 2.1 million fewer students are enrolled in college now than a decade ago - a 12.8% decline. In the new report from MyElearningWorld.com, we examine the massive economic impact of that decline.
After crunching the numbers, we found that the total potential loss of lifetime earnings by the over 2 million students skipping out on college could exceed $2 trillion.
You can view the methodology, as well as data visualizations here: https://myelearningworld.com/college-enrollment-decline-economic-cost/
Other Interesting Data:
  • 63% of students who enroll end up earning a bachelor's degree. Of the 2,091,550 lost students over the last decade, that's 1,317,677 bachelor degrees lost.
  • Of those lost bachelor's degrees, 366,898 would have gone on to get their master's and 78,903 would have gotten their doctorates. 
  • The cost of attending college has risen at 3x the rate of inflation over the last 40 years, while real average wages have barely budged.
We are happy to provide unique quotes for your coverage, and feel free to use any of the 5 graphs. 

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