March 20, 2023
The Wall Street Journal said more students are turning away from college and toward apprenticeships. It said that some white-collar training programs have become as selective as Ivy League universities.
WSJ noted a shift away from the nation’s “college-for-all” model. As a result, college enrollment has declined about 15% during the past decade. The number of apprentices rose in the same period by more than 50%.
“Meanwhile, more students say they are wary of enrolling in college for fear it will leave them in debt and holding a degree that hasn’t prepared them for a good job in a fast-changing labor market,” WSJ said.
The February 2011 issue of The Socionomist identified a peaking process in higher education, which remains underway. This process has fueled a wave of college closings and mergers. A major bear market will increase the likelihood of further closings. To learn more, read, “The Education Industry Shows Signs of Collapse.”
If you look closely, you can see patterns in social mood that help you predict social trends. Learn more with the Socionomics Premier Membership.
The Socionomist enables you to see trend-shaping waves of social mood, as reflected by the stock market — and capitalize on them. The June issue looks at phases of social mood and features a “Research Roundup,” which highlights five academic studies that shine a light on important aspects of socionomic theory. Mood Riffs topics include “quiet luxury,” loneliness, the Writers Guild strike and efforts by countries to trade in currencies other than the U.S. dollar. Read the June issue when you become a Socionomics Premier Member.
