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The Financial Impact of College Closures

College Planners of America

Smaller Candidate Pool: From 2025 to 2029, college enrollments are predicted to fall by more than 15% due to a smaller college-age population. Over 36% of parents tapped into a child’s 529 Plan college fund to weather the financial impact of the pandemic. 27% will take a gap year to work to save money for college.

article thumbnail

The Financial Impact of College Closures

College Planners of America

Smaller Candidate Pool: From 2025 to 2029, college enrollments are predicted to fall by more than 15% due to a smaller college-age population. Over 36% of parents tapped into a child’s 529 Plan college fund to weather the financial impact of the pandemic. 27% will take a gap year to work to save money for college.