This is true and not well understood by many as well. Community colleges and many graduate programs often run counter-cyclically to the economy. When unemployment is high many post pone entering the job market or go back to school to up-skill and fill an unemployment gap.
Undergraduate enrollment at a 4-year school technically runs cyclically to the economy, but in practical terms enrollment remains flat at most schools.
Comments
This is true and not well understood by many as well. Community colleges and many graduate programs often run counter-cyclically to the economy. When unemployment is high many post pone entering the job market or go back to school to up-skill and fill an unemployment gap.
Undergraduate enrollment at a 4-year school technically runs cyclically to the economy, but in practical terms enrollment remains flat at most schools.