Enrollment in New Hampshire's public colleges has plummeted by 14% since fiscal year 2019, a trend attributed to declining demographics and fewer high school graduates. During a recent House Finance Division II meeting, officials highlighted that this issue is not unique to New Hampshire; surrounding New England states are also experiencing a drop in young populations. However, New Hampshire is feeling the impact more acutely, leading to increased competition among states to retain their young talent.
As states ramp up efforts to keep students in-state, New Hampshire risks losing market share in higher education. Projections indicate that the situation may worsen before it improves, with experts warning that the pipeline of potential college-goers continues to shrink. Nathan Graw, a faculty member involved in demographic studies, presented data suggesting that the decline in enrollment is not yet at its lowest point.
Despite the grim outlook, there is a glimmer of hope on the horizon. Officials noted that birth rates are expected to rise, which could lead to an increase in the number of college-age students in the coming years. However, immediate action is necessary. The committee emphasized the need for bold strategies to address the enrollment crisis and ensure that New Hampshire's colleges remain competitive.
As the state grapples with these challenges, the focus will be on innovative solutions to attract and retain students, ensuring a vibrant future for higher education in New Hampshire.