• Vol. 99, No. 16

High inflation dinging personal budgets means more people will forgo college because they can’t afford it. Meanwhile, strong demand for workers makes it easier to land a gig, especially as employers drop education requirements for some roles.

More high schoolers are questioning the value of college and going into debt, even though lifetime earnings still tend to go up as workers acquire more education. And schools are increasingly worried by growing criticism of higher ed. Where does all of that leave the nearly $700 billion-per-year industry? There’s mounting pressure to change, including by embracing adaptation.