Insider Monkey
15 Fastest Rising Universities in the US
Talha Qureshi
9 min read

In This Article:

In this article, we will look at the 15 fastest rising universities in the US. If you want to skip our detailed analysis, you can look at the 5 Fastest Rising Universities in the US.

Higher Education Trends in the US

The higher education situation in the United States is changing; some recent reports show that college dropout rates in the region are increasing. According to a report by the Education Data Initiative, the college dropout rate increased to 32.9% in 2023. Moreover, 40 million Americans were recorded to drop out of college in 2021, and only 864,824 students re-enrolled for the fall semester during the same year. The rise in college dropouts is attributed to financial concerns, the inability to manage living expenditures, lack of motivation to study a particular program, and the passion to earn money without a degree due to the hot job market. Although the Education Data Initiative finds that college dropouts make 35% less income on average than those with a bachelor’s degree, wanting to start a business or pursuing a job remains one of the most common reasons behind dropping out. A report by the World Economic Forum found that approximately 31% of US college students intended to drop out to find a job in 2022; moreover, 29% mentioned the rising cost of living as a reason for not returning to college. To read more about universities, you can look at the 20 Largest Universities in the World and the 15 Cheapest American Universities with Low Tuition for International Students.

Growing Education Technology Market 

The COVID-19 pandemic pushed the traditional education system a step further towards technology as colleges around the globe adapted education technologies to foster e-learning. According to a report by Grand View Research, the global education technology market was valued at $142.37 billion in 2023. The EdTech market is expected to grow at a compound annual growth rate of 13.4%, reaching $343.33 billion by 2030. As per the sector-wise analysis, the K-12 EdTech segment led the market share in 2023 and contributed over 40% in revenue growth. Regionally, North America dominates the market and held approximately 36% market share in 2023. The growth in the region is attributed to the adoption of personalized learning and digital skills. You can also look at the Academic Ranking of World Universities: Top 30.

The EdTech market in the US is also poised for growth and is expected to grow at a CAGR of 11.3% from 2024 to 2030. Some factors contributing to growth in the market are the emergence of new EdTech startups, established education technology companies, and a surge in education learning outcome investment by the government.

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