The National Center for Education Statistics has come out with new projections for college enrollment growth-17% for the period 2004-2016. This is actually slower growth than the 22% jump between 1991 and 2005. College enrollment growth is increasing much faster than k-12 growth, so more students have the message that college pays off. NCES projects k-12 growth will be only 9% for 2004-2016.
This growth in college enrollment is heartening, but the key issue is whether students will complete their desired programs. Here the message is grim, 4 year college degrees are going up much slower than enrollment. Community college completion rates lag such as California where only 24% of the students complete anything [including career ed] after 6 years. Hopefully 2008 will be a year where we make some real progress on college success ,not just enrollment. See http://www.nces.gov/ for more details