In 2017, Harvard Business School professor Clayton Christensen said that half of the United States colleges would be bankrupt in 10-15 years. Now that we are in 2022, what does this trajectory look like for U.S. colleges? We've lost 3 million students in the last decade and 465,000 students last fall alone. Is the United States headed in a downward direction for their collegiate institutions and what is the true root cause for this unfortunate outcome? What are some possible fixes that can remedy this scenario? Is Lite Tuition a solution that can help students while aiding schools via our 529 plans, platform services and licensing opportunities?

Students will need to complete the following to achieve project success:

1. Research and evaluate data around student loan debt, loan defaults, collegiate enrollment and other data associated with the project. (Some information can be obtain via the the Federal Reserve Bank of New York Household Debt and Credit Report as well as the U.S. Department of Education's Federal Student Aid.)
2. Review and analyze trends that may alter the outcome of the institutions of higher education (IHE) predicted future.
3. Communicate weekly findings with Lite Tuition staff and possible scenarios to explore and/or consider.
4. Research the adverse impact that will be put upon families and students with a bankruptcy outcome of half of the United States colleges.

To ensure students have the necessary support, Lite Tuition will provide the following:

1. Dedicated email for students to reach Lite Tuition staff with a prompt follow-up and response time.
2. Data, direction and resources, including contacts, to obtain needed information for project completion.
3. Weekly meetings, via Zoom or phone call, to review and discuss findings to ensure that optimal project success is met.
4. Lite Tuition will be able to provide internal data relevant to the success of the project.