The total enrollment rate for private first-level education in the US has been on a consistent decline from 8.25 in 2013 to 6.63 in 2023. The yearly decline has averaged around -2.18% over the past decade, with a Compound Annual Growth Rate (CAGR) of -2.18%. Forecasted data from 2024 onwards continue this trend, predicting a drop to 5.86 by 2028, which translates to a forecasted 5-year CAGR of -1.97% and an overall growth rate of -9.45% over this period.
Future trends to watch for include potential shifts in parental preferences towards alternative education forms, policy changes in public and private school funding, and broader demographic changes impacting school-age populations.
