The good news about fewer graduates going to college

Fewer people are going to college these days, and that’s great news.

For decades, the percentage of recent high school graduates attending college was climbing, until about 2008, when it started leveling off. Twelve years later, it went in the other direction, with the largest one-year drop in over 30 years coming between 2019 and 2020. And then it continued falling into 2021, albeit at a lower rate.

According to some analysts, it’s starting to climb back up. Which would be a shame.