From The Hechinger Report: “Low-income young adults appear to be fleeing higher education in the highest numbers because colleges and universities that serve this population saw the largest enrollment declines. … Young adults from low-income families appear to be lured away from school by rising wages and the need to support their families through hard times, Shapiro explained. With nationwide labor shortages, hourly pay for the average worker was up 4.6 percent in September 2021 compared to a year earlier. Restaurants and retailers, from Starbucks to Costco, are boosting starting wages to $15 and more an hour.”
