According to NBC News, there are 4 million fewer students enrolled in college than there were 10 years ago, and there has been a 7 percent drop in college attendance from 2016 to 2020.
"With the exception of wartime, the United States has never been through a period of declining educational attainment like this," Michael Hicks, director of the Center for Business and Economic Research at Ball State University's business school, told The Hechinger Report, an education nonprofit.
