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Question $21$ of $28$

Supply and Demand: By The Numbers

Higher education is a vitally important market that prepares students for career paths. Demand for colleges and universities has risen over the past generation, along with the number of schools that offer degrees. The type of institutions, however, has changed over time, as traditional public four$-$year schools compete against public two$-$year institutions and for$-$profit institutions that cater more to working students and other nontraditional students. But enrollments in two$-$year institutions and for$-$profit institutions tend to change as the economy fluctuates. This By the Numbers looks more closely at the trends in higher education enrollment by types of schools.

Side$-$by$-$Side

Supply and Demand $-$ Demand and Supply for

Higher Education: A Focus on Institution Types

Consider the data set for total fall enrollment in degree$-$

granting postsecondary institutions. Use these data to

demonstrate how the demand for postsecondary

education has changed in the past $20$ years.

a$.$ Using the data set, identify the percentage of total enrollment by institution type.

The percentage of total enrollment at public $4-$year institutions: