Confidence is what makes the economy move. Falling confidence is a drag on economic growth. Right now, Americans are mixed yet leaning toward a recovering economy once pandemic restrictions are lifted.
Yet, only roughly a third of all Americans are confident to make a major purchase:
Thus, as acceptance letters trickle back to students during the next six weeks, will families be confident to commit tens of thousands of dollars over the next four years for their children to enroll in college? Or will college administrators again report a drop in enrollment, following a nearly 560,000 decline in students reported for Fall 2020 versus the previous year?
For more information about how Creative Marbles experts can help students and parents navigate the complexities of a new normal in college admissions, contact us at Creative Marbles Consultancy