EDUCATION PHILANTHROPY DIVISION OF ASCENDIUM EDUCATION GROUP
Source: ForbesThe number of college students who transferred in spring 2022 dropped 6.9% compared to the prior year, according to the latest COVID-19: Transfer, Mobility, and Progress report from the National Student Clearinghouse Research Center (NSCRC). Added to the decline of the prior year, the total two-year decline in college transfers has reached 16% since the beginning of the Covid-19 pandemic.
Non-transfer college enrollment also continued to slide (-3.8%) in the spring, but not as sharply as the loss of transfer students.
Among the most alarming declines was the drop-off in upward transfers, the most common form of transfer, where students transfer from a two-year college to a four-year institution. Upward transfers dropped 11.6%, compared to a fairly stable level the year before, according to the report.
The decrease in upward transfer enrollment occurred across all categories of students, regardless of age, gender and race/ethnicity. For example, every major racial and ethnic category saw sharp two-year declines (-19.4% for White, -18.6% for Native American, -17.1% for Asian, -16.3% for Black, and -15.6% for Latinx students).
Read the full article at Forbes.com
Ascendium’s education philanthropy grant program operates within Ascendium Education Solutions, Inc., a member company of Ascendium Education Group, Inc. & Affiliates. Ascendium Education Group has helped millions of learners pursue postsecondary education since 1967, when it was formed to help fulfill the promise of the landmark Higher Education Act of 1965. Over the years, Ascendium has grown to become not only the nation's largest federal student loan guarantor, but also one of the most active postsecondary education philanthropies.
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