By: Diane Benjamin
Media is reporting a slight drop in enrollment at ISU. Here’s the proof that numbers lie and liars use numbers.
Incoming freshman – down 342 students (9.3%)
Transfer students – down 239 students (11.7%)
Those are huge percentage drops, the source is WGLT which happens to be part of ISU: http://wglt.org/post/freshman-enrollment-falls-illinois-state-university#stream/0
Incoming freshmen and transfer students are ISU’s future. If this freshman and transfer decrease is a trend, the future looks bleak. Now what do those numbers say? Think Administration isn’t worried? They should be! Think the Town of Normal is worried? Since they can just raise taxes (unless an army of angry citizens shows up at City Hall), they aren’t worried. How many MILLIONS is this drop in undergrads going to cost ISU? Based on posted tuition – many millions. How much tax revenue is it going to cost Normal when fewer people are eating out and fewer parents will be visiting?
Total enrollment is only down 255 students because the number of graduate students is up. Why? Nobody asked. Is it because students couldn’t find jobs that will pay off their student loans with only a 4 year degree?
Speaking of student loans, once the Federal Government started doling out money – it created a disaster. The Student Loan Bubble will burst, currently 43% of all loans aren’t being paid or got permission to suspend payments. Almost half! I hear ISU isn’t the least bit worried about that either. Do these silly kids think the feds are going to bail them out? Considering the total is over 1 TRILLION now, think half of that will be forgiven while the other half gets paid? Ha Ha Ha
See more on student loans here: https://www.linkedin.com/pulse/college-bubble-what-true-value-higher-education-cole-feldman
IWU doesn’t have as many students as it used to either. Is college being phased out because of the cost?