The National College Attainment Network recently reported a 5% decline in 18-year-old 2024 college enrollment compared to 2023. This analysis was conducted to assess the impact of widespread FAFSA issues last year, caused an 11.5% decline in completion rate and delayed the release of financial aid packages for students. Other noted contributors to the decline in enrollment was the ban on affirmative action and opportunities for high school graduates to enter the workforce during a relatively strong economy. The likelihood of students enrolling into a higher education institution and obtaining a postsecondary degree greatly diminishes without students’ immediate transition to college. The decline in freshman enrollment could have a long-lasting impact on students and higher education institutions.
