Traditional Student Demand

Navigating the Bachelor’s Degree Conferral Decline

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For years, one constant in higher education was the steady rise in bachelor’s degree conferrals. This trend has seemingly ended abruptly. October’s data release from the National Center for Education Statistics confirmed that bachelor’s degree conferrals declined for the first time in decades—a striking development.  

This shift challenges assumptions of perpetual growth, prompting reflections about the future. What’s behind the drop and what does it mean for enrollment? 

The Backdrop

In 19 of the last 20 years, bachelor’s degree completions grew by more than 1% year-over-year, each year reaching highs of 4% or more. In 2022, however, bachelor’s conferrals declined by more than 2%.  

Figure 1 plots both bachelor’s degree conferrals and year-over-year growth rates.  


Figure 1.


What explains this shift? We posed three questions and explored the data through three different views below. 

Question 1: Was the 2022 conferral decline driven by one specific age cohort?

The answer: No. 

Based on the available age segmentation through IPEDS, bachelor’s conferrals declined in 2022 among both the adult bachelor’s cohort (aged 25 and over) and traditional bachelor’s cohort (aged 24 and under).


Bachelor’s Degree Conferral Trends by Age – The Last Decade

Year 24 Years Old and Under (Traditional) YOY Change 25 Years Old and Over (Adult)  YOY Change
2013 1,193,353 35,448 618,805 23,069
2014 1,216,240 22,887 618,583 -222
2015 1,239,093 22,853 625,969 7,386
2016 1,274,089 34,996 620,553 -5,416
2017 1,314,207 40,118 616,496 -4,057
2018 1,349,898 35,691 605,823 -10,673
2019 1,382,278 32,380 605,109 -714
2020 1,420,484 38,206 591,244 -13,865
2021 1,431,540 11,056 608,963 17,719
2022 1,416,730 -14,810 571,833 -37,130

Figure 2.


The decline within the adult cohort is not a surprise when placed in context. Since the high-water mark in 2015, this market saw just one year of conferral growth. But the sheer scale of the 2022 decline is quite shocking: it’s almost three times the size of the next biggest decline in 2020.  

On the other hand, traditional-aged bachelor’s conferrals saw year-over-year growth through 2021. The year 2022 represents the first drop over this period, and the first in recent history, making this development a surprise. Noticeably, the 2022 drop came after a year that saw positive, yet significantly slowed, growth.  

The view above reveals that the 2022 decline was caused by both age cohorts.  

Question 2: Was the 2022 conferral decline isolated within a specific school type?

The answer: Also no.  

Figure 3 shows 2021 and 2022 bachelor’s conferral counts for Carnegie Classification categories with at least 1,000 reported bachelor’s conferrals in 2022. 


Bachelor’s Degree Conferral Trends by Carnegie Classification (2021-2022)

Carnegie Classification (ranked by 2022 scale) 2021 2022 2021-2022 YOY #
Doctoral Universities: Very High Research Activity 731,511 711,518 -19,993
Master's Colleges & Universities: Larger Programs 435,299 420,784 -14,515
Doctoral Universities: High Research Activity 338,057 326,452 -11,605
Doctoral/Professional Universities 210,596 204,565 -6,031
Master's Colleges & Universities: Medium Programs 86,427 82,527 -3,900
Baccalaureate Colleges: Arts & Sciences Focus 69,411 70,527 1,116
Baccalaureate Colleges: Diverse Fields 69,576 68,670 -906
Master's Colleges & Universities: Small Programs 51,889 49,758 -2,131
Special Focus Four-Year: Other Health Professions Schools 27,576 27,650 74
Baccalaureate/Associate's Colleges: Mixed Baccalaureate/Associate's  14,165 13,672 -493
Special Focus Four-Year: Arts, Music & Design Schools 7,639 7,750 111
Baccalaureate/Associate's Colleges: Associate's Dominant 6,580 6,738 158
Special Focus Four-Year: Business & Management Schools 5,675 5,315 -360
Special Focus Four-Year: Research Institutions 5,294 5,019 -275
Special Focus Four-Year: Faith-Related Institutions 4,814 4,565 -249

Figure 3.


Of the 15 segments featured in Figure 3, 11 saw conferral decline in 2021-2022. This indicates that the conferral drop was quite widespread across institution type, with R1’s, M1’s, and R2’s reporting the largest conferral declines.  

Question 3: Was the conferral decline limited to a handful of academic program fields?

The answer: Again, no. In fact, quite the opposite. 

Of the 38 broad fields of study tracked by IPEDS, just 11 (29%) reported positive conferral growth between 2021 and 2022. This number shrinks to five if you count just those fields reporting a net gain of over 200 conferrals over these two years.  

Figure 4 reveals these five growing fields.


Bachelor’s Fields Growing by at Least 200 Conferrals (2021-2022)

Field (ordered by 2022 conferrals)202120222021-2022 # Change
Computer and Information Sciences and Support Services108,823112,6593,836
Visual and Performing Arts94,21094,662452
Transportation and Materials Moving6,0746,640566
Communications Technologies/Technicians and Support Services4,5874,903316

Figure 4.

The Bottom Line

These trends show that the 2022 bachelor’s conferral dip was widespread—spanning age cohorts, institution types, and fields of study.  

So, what can explain it?  

The COVID-19 pandemic is likely one explanation. The National Student Clearinghouse Research Center estimated that over 560,200 students left higher education between 2019 and 2020 causing a massive disruption to the degree completion pipeline. With conferrals offering a delayed demand metric, the steep pandemic-induced enrollment decline may just now be showing up as a steep adult and a first-time traditional bachelor’s conferral dip.  

Research has found that most students who left higher education during COVID have considered reenrolling. If more of these students at the bachelor’s level return, this may be a short-term dip.  

Longer-term enrollment trends, however, may also be at play. Consider that between 2010 and 2019, pre-pandemic, overall undergraduate enrollment fell from 18 million to 16.5 million. Additionally, from Fall 2018 to Fall 2021, first-time undergraduate enrollment declined 4% after growing since 2010.  

On this front, National Student Clearinghouse data reveals continued erosion with freshman enrollment down by almost 4% between fall 2022 and fall 2023. Certainly, if these trends hold, we may see the beginning signs of the enrollment cliff showing up in conferral data.  

These trends will be worth tracking to determine if 2022 is indeed the start of a long-term trend or just a flash in the pan. 

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