Study: Fewer high school students plan to attend 4-year universities

File- A student holds a pencil as he works on an exercise in a remedial English course at Baltimore City Community College in Baltimore, Md. (AP Photo/Patrick Semansky)

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UPDATED 7:34 AM PT – Monday, March 15, 2021

A new survey found fewer high school students plan on going to college. A recent study by ECMC Group, a non-profit aimed at helping student borrowers, said the likelihood of students attending a four-year school dropped 20 percent in the last eight months.

This comes as the average cost of a private university in 2020 was more than $50,000 a year and public universities averaged more then $20,000 a year. With less income from on-campus students, some universities are increasing tuition to make up for it.

“Our housing and dining has taken a big hit financially in terms of revenue, probably $130 million revenue decrease compared to a normal academic year,” said Cynthia Larive, chancellor at the University of California Santa Cruz.

The report also found high school students found more value in career training and post-grad employment.

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