Concerning news for Colleges and Universities seeking new students: The WalletHub Economic Index decreased by around 13% between January 2022 and January 2023. This means consumers are about 13% less confident about their financial outlook now than they were at the same time last year. The WalletHub Economic Index is a monthly survey that evaluates economic prospects based on 10 components of consumer sentiment. These components revolve around how people feel about their finances, purchasing plans and employment opportunities.
