Demographics
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Demographic Trough Signals Imminent 20% Decline in US College Enrollment and Faculty Jobs
US 18-year-old population of 4.5 million today will shrink to 3.6 million 6-year-olds, projecting 20% fewer college freshmen and faculty positions in 12 years. Similar declines hit China (25%) and South Korea (33%), driven by self-inflicted low birth rates with no rebound expected soon. Aging popula…