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INDICATORS: COLLEGE ENROLLMENT HITS ALL TIME HIGH
Pew Research - The share of 18- to 24-year-olds attending college in the United States hit an all-time high in October 2008, driven by a recession-era surge in enrollments at community colleges, according to a Pew Research Center analysis of newly released data from the U.S. Census Bureau.
Just under 11.5 million students, or 40% of all young adults ages 18 to 24, were enrolled in either a two- or four-year college in October 2008 (the most recent date for which comprehensive nationwide data are available). Both figures -- the absolute number as well as the share -- are at their highest level ever.
Community college enrollments have long been considered somewhat countercyclical; that is, they tend to rise as the economy worsens. One reason is that community colleges are less expensive than four-year institutions -- they average $6,750 per year (including tuition, fees, and room and board) in the net price for full-time students, compared with $9,800 for four-year public colleges and $21,240 for four-year private colleges.2
Despite the higher costs of four-year institutions, their enrollments have not dropped during this recession. Rather, they have held steady -- and have been able to do so despite tuition increases averaging 4.9% per year beyond general inflation from 1999-2000 to 2009-10 at public four-year colleges and universities.
Just under 11.5 million students, or 40% of all young adults ages 18 to 24, were enrolled in either a two- or four-year college in October 2008 (the most recent date for which comprehensive nationwide data are available). Both figures -- the absolute number as well as the share -- are at their highest level ever.
Community college enrollments have long been considered somewhat countercyclical; that is, they tend to rise as the economy worsens. One reason is that community colleges are less expensive than four-year institutions -- they average $6,750 per year (including tuition, fees, and room and board) in the net price for full-time students, compared with $9,800 for four-year public colleges and $21,240 for four-year private colleges.2
Despite the higher costs of four-year institutions, their enrollments have not dropped during this recession. Rather, they have held steady -- and have been able to do so despite tuition increases averaging 4.9% per year beyond general inflation from 1999-2000 to 2009-10 at public four-year colleges and universities.
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