Journal Article

Private Nonprofit Colleges’ Growing Reliance on Graduate Students May Prove Unsustainable


Abstract: As private nonprofit colleges face lagging undergraduate enrollments and growing financial difficulties, they have turned to graduate programs to increase their revenue. With undergraduate enrollments expected to decline, these colleges are likely to place an even greater emphasis on graduate programs going forward. However, recent government policy changes may also suppress graduate enrollment growth, testing colleges’ business models and the private nonprofit college sector in general.

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Bibliographic Information

Provider: Federal Reserve Bank of Kansas City

Part of Series: Economic Bulletin

Publication Date: 2026-09-23

Pages: 4