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Fortune
Fortune
Tristan Bove

The babies that weren't born after 2008 are now college-aged—and universities are paying the price

Female student reading in empty classroom auditorium, low angle view (Credit: Tom Fowlks via Getty Images)

Universities and colleges across the country have been dealing with a ticking time bomb since the Great Recession, and a growing number of them are saying that it’s about to go off, next semester.

A series of announcements over the past month by the highest offices of U.S. universities read like an obituary to a higher learning model that no longer works for either students or the institutions tasked with teaching. And that obituary has been authored in slow motion by the declining birth rate of the last two decades.

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