The article says it has to do with declining birth rates
"The enrollment cliff concept came about within higher education after years of declining birth rates in the US, triggered by the Great Recession. Earlier this year, the CDC released data indicating that the US had hit a historic low in its annual number of births – declining 2% from 2022 to 2023 and then 3% in 2023.
“Since the most recent high in 2007, the number of births has declined 17%, and the general fertility rate has declined 21%,” the August 2024 data shows."
The article says it has to do with declining birth rates
"The enrollment cliff concept came about within higher education after years of declining birth rates in the US, triggered by the Great Recession. Earlier this year, the CDC released data indicating that the US had hit a historic low in its annual number of births – declining 2% from 2022 to 2023 and then 3% in 2023.
“Since the most recent high in 2007, the number of births has declined 17%, and the general fertility rate has declined 21%,” the August 2024 data shows."