New data show students increasingly favor two‑year degrees and short‑term credentials: a National Student Clearinghouse report and sector coverage note that fall 2025 enrollment rose about 1%, with the bulk of growth at community colleges and certificate programs. Analysts said the pattern reflects cost pressures and stronger student interest in career‑aligned credentials. Undergraduate international enrollment rose modestly but graduate international enrollment fell nearly 6%, adding urgency to questions about the graduate pipeline and campus revenue models. Community‑college gains were bolstered by dual‑enrollment and a jump in certificate enrollment, while private nonprofit four‑year colleges continue to face enrollment headwinds. Colleges and workforce partners are adjusting recruiting, program mix and delivery models as demand for shorter, employment‑focused credentials reshapes institutional enrollment strategies.