In my best Prince Voice "Tonight we're going to PLAN  like it 20...25". Change is inevitable, it happens because it happens. What we do about it is what separates us. Fewer students and increased competition is a recipe for disaster if we don't prepare. 

https://www.usnews.com/news/education-news/articles/2018-09-10/colleges-set-to-fight-for-fewer-students

https://hechingerreport.org/college-students-predicted-to-fall-by-more-than-15-after-the-year-2025/

https://people.carleton.edu/~ngrawe/HEDI.htm

https://hechingerreport.org/bending-to-the-law-of-supply-and-demand-some-colleges-are-dropping-their-prices/

https://nscresearchcenter.org/wp-content/uploads/CurrentTermEnrollment-Spring2018.pdf