College ‘bubble’ is about to burst
Philadelphia InquirerPosted: July 31st, 2006 by R. Lee Wrights
“These are bountiful days for colleges and universities, inundated as they are with more and better applicants than ever. Schools that less than a decade ago were eagerly accepting any remotely qualified student have the luxury of turning away even standouts, confident in the knowledge that plenty of stronger candidates are lined up to pay tuition. But it won’t last much longer. Fueling the current college admissions frenzy are the ‘baby boomletters’ born in the late 1980s and early ’90s. By 2009, the last of them will reach college age, heralding the first sustained decline in the number of graduating high school students in nearly two decades.” (07/31/06)
