During the 2008 financial crisis, the birth rate plummeted. Nearly 18 years later, higher education is on the verge of feeling the impact. By some estimates, college enrollment will fall 15% by 2029 (College students predicted to fall by more than 15% after the year 2025opens in new window, The Hechinger Report, 2018). What is being called the “Great Cliff” is arriving, and psychologists are raising concerns: In the short term, fewer students and tuition dollars are already driving canceled classes, layoffs, funding cuts, and even mergers or closures of struggling schools. Over the long term, the drop-off could pose real threats to the field of psychology, harming the quality of education and training, psychological research, and patient care.
“We’re looking at a very serious crisis, and we’re going to see massive problems for psychology and related professions if we don’t get ahead of it and correct course,” said Melanie Wilcox, PhD, ABPP, a licensed psychologist, an assistant professor at Augusta University in Georgia, and a member and former chair of APA’s Board of Educational Affairs (BEA), which has devised an action plan for addressing the enrollment crisis that includes better promotion of psychology’s value as well as career paths in the field. “It is very, very important that more people are aware of the details and complexity of this problem.”
[Related: Higher education is struggling. Psychologists are navigating its uncertain future]
The looming demographic cliff is one of several compounding issues threatening college enrollment, which declined sharply during the pandemic and has yet to recover (Current Term Enrollment Estimates, National Student Clearinghouse Research Center, 2023). Rising student loan debt, new alternatives to traditional degree programs, and other factors are causing many people to question whether a college degree is worth the cost.
Fortunately, there is still time to act. To preserve professional pathways in the field, it is crucial to show prospective students why psychology is critical for promoting health around the world and solving some of society’s biggest problems, to provide clear guidance about career paths in the field, and to start attracting students well before college. At the systemic level, experts say increased advocacy is needed to make higher education more financially viable, including for nontraditional college students such as midcareer professionals returning to school.
“Relying solely on traditional college-age students is not going to work, because the raw number will inevitably decrease,” said psychologist Peggy Brady-Amoon, PhD, a BEA member and a professor in the Department of Professional Psychology and Family Therapy at Seton Hall University in New Jersey. “Yes, this is a challenge, but it also gives us an opportunity to rethink what we do and how we do it.”


