Proof Points: Lessons from the last recession

This is a weekly newsletter. Sign up for a free subscription, and invite a friend to subscribe.

View this email in your browser

A newsletter from The Hechinger Report

Share

Forward

Was this newsletter forwarded to you?
Click here to subscribe!

By Jill Barshay

Since it seems near certain that the coronavirus pandemic is triggering a new recession right now, I thought it would be useful to recap what happened to colleges and universities during the Great Recession of 2008 to help us think through what might and might not repeat this time around.

Read the column

Key Findings

In past recessions, higher education boomed. After 2008, there was a surge in college enrollment driven by older, unemployed adults. It peaked in 2010.

Students flocked to two-year community colleges and for-profit online schools during the last recession.

Federal policy subsidized grants and loans to help students pay tuition while states cut funding for higher education and tuition rose.

Most of these additional recession era students did not complete their degrees.

A new boom for higher education seems less likely now. It will depend on whether the coronavirus recession lasts longer than a year and whether students return to physical and residential campuses in the fall. Online degree programs are poised to benefit.

Lit Review

Great Recession Enrollment Trends – 2011, NSC Research Center, Jul 14, 2011

How the Great Recession Affected College Completions, NSC Blog, Nov 18, 2014

College Board, Total Federal and Nonfederal Loans in 2018 Dollars by Type of Loan, 1998-99 to 2018-19, Figure 6

National Center for Education Statistics, Table 303.70. Total undergraduate fall enrollment in degree-granting postsecondary institutions, by attendance status, sex of student, and control and level of institution: Selected years, 1970 through 2028.

National Center for Education Statistics, Table 318.10. Degrees conferred by postsecondary institutions, by level of degree and sex of student: Selected years, 1869-70 through 2028-29.

Is the Hechinger Report part of your routine? Support it with a monthly gift.

Donate Now

Give today to make this message go away.

The Hechinger Report

475 Riverside Drive

Suite 650

New York, NY 10115

Add us to your address book

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.

Planning ahead to catch up students when school reopens

Sunday, April 5, 2020

Experts say now is the time to start thinking ahead about how to catch up the kids who are falling behind their peers. This is a weekly newsletter. Sign up for a free subscription, and invite a friend

Food for Agile Thought #470: A Short Overview of PM Tools, Product Strategy and Clarity, Bayer’s Bold Bet, Delivering Bad News

Sunday, November 24, 2024

Also: The Brilliant Jerk, POM When Agile Failed? Example Mapping, Discovery Done Right ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Proof Points: Lessons from the last recession

Older messages

Planning ahead to catch up students when school reopens

You Might Also Like

Food for Agile Thought #470: A Short Overview of PM Tools, Product Strategy and Clarity, Bayer’s Bold Bet, Delivering Bad News

Closes Tomorrow • Black Fri TO CyberMon Book Promos for Authors

Kindle & Audiobook : Santa's List: A Short Christmas Story by Riley Blake

Ask your way to product market fit

The end of productivity

Setting Gift-Giving Guidelines for a Minimalist Holiday Season

[Electric Speed] Blind spots | Bluesky

The playbook that built a $360M empire

• Book Promo Super Package for Authors • FB Groups • Email Newsletter • Tweets • Pins

Grace and Typos