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Marketplace®

Daily business news and economic stories

For-profit colleges lead downward trend in undergraduate enrollment

The properties ITT owns are located in various states, including California, Illinois and New York.
The properties ITT owns are located in various states, including California, Illinois and New York.
Dwight Burdette/Wikimedia Commons

A new report from the National Student Clearinghouse Research Center shows enrollment is down 1.4 percent since last fall. For-profit institutions were hit the hardest, with enrollment down 14.5 percent. Experts say that’s partly to do with the big players in the industry — ITT Tech and Corinthian — closing their doors, but it also has to do with changing demographics and unemployment rates. 

Click the above audio player to hear the full story. 

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