Universities Reevaluate How Much Space They Really Need
An overall trend toward lower admission rates, paired with a rise in online learning, is leading many universities to question whether they are carrying excess classroom and research space. Undergraduate enrollment at U.S. universities fell by almost 15% between 2012 and 2022, and studies suggest that this number could continue to drop each year by as much as 100,000, perhaps more if international students do not return to U.S.-based programs. A study published by Inside Higher Education states that “if the U.S. lost 15% of its international student population, a substantial number of colleges could experience financial repercussions.” The actual number is higher. Using 2022 enrollment statistics, Vermeulens, a construction economist firm, estimates that as much as 38 million sf of existing higher ed academic classroom and lab space could be unnecessary or would be better off repurposed.