It will most likely even be higher. Students and their families are going to be looking for more affordable and flexible options that will help prepare them for the world that is emerging from this pandemic, not the world that existed for decades before and helped contribute to the imbalances we now see painfully exposed by COVID-19.
From the article:
“Administrators anticipate that students grappling with the financial and psychological impacts of the virus could choose to stay closer to home, go to less expensive schools, take a year off or not go to college at all. A higher education trade group has predicted a 15 percent drop in enrollment nationwide, amounting to a $23 billion revenue loss.“