How Trump Popped the $100 Billion Grad School Bubble
Summary
U.S. graduate enrollment is declining as Trump administration policies restrict international students, cap federal loans, and cut research funding. These changes threaten the financial model of universities that rely heavily on master’s degree tuition. Institutions like Stevens Institute are responding by lowering costs and offering shorter credentials. The episode explores how these shifts may lead to widespread layoffs and a fundamental restructuring of American higher education.
Topics discussed
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Intro: Declining graduate enrollment and Trump policy threats
History: The explosion of master's degrees since 2006
Policy Impact: Restrictions on international students
Funding Cuts: Reductions in federal research grants
Loan Caps: New limits on federal graduate student loans
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Case Study: Stevens Institute adapts with online degrees
Consequences: University layoffs and shrinking campuses
Conclusion: Academic backlash and unsustainable business models
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