Insights
Updated May 9, 2026

Higher ed market intelligence, refreshed weekly

HEDSI is a weekly view of higher-ed demand, combining leading indicators of student interest (search trends), intent (FAFSA), applications (Common App), and enrollment validation (IPEDS and NSC). This demand signal is paired with a structural demographic layer based on projected high school graduate trends from WICHE.

Market view

How to choose a view

Leading Signals

Earliest read on demand direction — higher sensitivity, more noise.

Best for: spotting turning points early. Expect lower confidence scores.

Balanced Market View

Default view. Blends speed and stability for weekly monitoring.

Best for: routine tracking and sharing with leadership.

Confirmed Trend

Steadiest, most defensible read — slower to react but higher confidence.

Best for: budget presentations and board-level reporting.

Signal weights · Balanced Market View

Google Trends

35%

FAFSA intent

35%

Common App

30%

Fast-moving

Seasonal

Confirming

HEDSI

23.7

Low

4-week change

-10.2

Softening vs 4 weeks ago

Alignment

Aligned

Demand versus enrollment validation

Confidence

80%

High

Structural trend

Mixed

Long-run demographic backdrop

Vs last year

-29.0

vs May 4, 2025 (52.7)

Market condition
High

Softening Demand

Balanced Market View currently shows demand weakening relative to recent weeks. Enrollment validation is currently tagged as aligned, helping distinguish whether demand is moving ahead of or alongside reported enrollment outcomes.

Latest week

May 3, 2026

Generated May 9, 2026

Key insight
Budget + strategy

Key insight

Demand is softening and trending downward. United States shows a relatively stable projected student pipeline.

This supports a measured outreach strategy: keep investment disciplined, monitor conversion performance closely, and use attribution from university campaign pages to defend spend with leadership.

Use downstream measurement and attribution to show how outreach spend contributes to real institutional outcomes, not just top-of-funnel activity.

Weekly trend

HEDSI time series

Overall
Prev year hidden

Current HEDSI

Previous year

How to read this view

The balanced market view currently reads 23.7 (Low) and is moving lower versus four weeks ago.

Enrollment validation is currently tagged as aligned, helping distinguish whether demand is moving ahead of or alongside reported outcomes.


Confidence is high, mainly reflecting which source inputs are available and how fresh they are in the latest week.

Source coverage in latest snapshot

Trends

Available

FAFSA snapshot

Available

FAFSA velocity

Available

Common App

Available

BLS grad labor market

Available

NSC

Available

IPEDS

Not current

Google Trends

Fast-moving search interest across higher-ed demand topics.


Latest reading

15.0

Updated this week

FAFSA Intent

National FAFSA completion momentum as an intent proxy.


Latest reading

4,541,170

Updated this week

FAFSA Velocity

YoY change in weekly FAFSA completion momentum.


Latest reading

-19.8%

Updated this week

Common App

Application-oriented signal with slower, steadier cadence.


Latest reading

100.3

Stale (8 weeks old)

NSC Enrollment

Enrollment validation used to compare demand versus realized outcomes.


Latest reading

+0.0%

Not current

What this means for your campaigns
Strategy guidance

Monitor closely — demand is softening

The 4-week trend is moving lower. This doesn't require immediate action, but it's a signal to review channel pacing and ensure your attribution is tight enough to defend current spend levels if the softening continues.

Review flight pacing — Pull forward high-performing flights
Tighten attribution — Ensure every dollar is defensible
Yield support — Protect the pipeline you already have

See it with your data

Model your campaign mix against current conditions

The live demo lets you test channel mixes, flight timing, and budget allocation — and see how attribution shifts as you adjust spend across this market environment.

Based on current conditions we're pre-loading the Efficient Scale mix — you can adjust from there.

Open Efficient Scale mix →Talk to us about your school
Structure: Stable
national

Structural backdrop

Explore the long-run demographic backdrop for the U.S., a region, or a state. This does not change the national HEDSI signal above — it changes the structural context used to interpret where graduate pipelines are strengthening or shrinking.

Structural Pressure Index (SPI) summarizes the long-run graduate-pipeline outlook for each geography using WICHE projections.

United States

The structural backdrop for United States is stable. Projected graduates are +0.5% YoY and -1.1% on a 5-year CAGR basis. Relative to 2023, the projected graduate base is +2.3%.

Projected grads

3,846,581

May 30, 2021–May 3, 2026

1Y change

+0.5%

May 30, 2021–May 3, 2026

5Y growth trend

-1.1%

May 30, 2021–May 3, 2026

Vs 2023 baseline

+2.3%

May 30, 2021–May 3, 2026

How to read this

Stable means the long-run graduate pipeline in United States is largely stable relative to recent history.

Key comparisons

Structural Index: -0.13. Peak to 2041: -12.5%. Vs U.S.: 0.0%.

Region peers
Relative structural rank

Structural rank and peers

See how the selected market compares with other U.S. regions on structural graduate-pipeline momentum.

United States

—

of 13 regions by structural index

Structural band: Stable

Structural Index -0.13 · 5Y CAGR -1.1%

Nearby peers

#1 West South Central

Structural Index 0.75

5Y CAGR -0.5% · Vs 2023 +5.1%

#2 South Atlantic

Structural Index 0.56

5Y CAGR -0.6% · Vs 2023 +5.5%

#3 South

Structural Index 0.56

5Y CAGR -0.7% · Vs 2023 +5.6%

#4 East South Central

Structural Index 0.19

5Y CAGR -1.1% · Vs 2023 +4.0%

#5 Mountain

Structural Index 0.15

5Y CAGR -0.7% · Vs 2023 +4.0%

Explore by field
Google Trends only

Browse major and field search interest

This lens is intentionally narrower than HEDSI. It uses normalized Google Trends only, so each row should be read as relative search interest for a field rather than raw search volume or a full demand composite.

Biology

Google Trends only

Biology, biochemistry, molecular biology, and life science pathways.

Current level

—

1Y

Level: —

IPEDS supply

—

Annual completions

Share of mapped supply

YoY change unavailable

Latest published final release year shown when available.

4-week momentum

—

Field trend: —

Business

Google Trends only

Business, accounting, finance, and management programs.

Current level

—

1Y

Level: —

IPEDS supply

—

Annual completions

Share of mapped supply

YoY change unavailable

Latest published final release year shown when available.

4-week momentum

—

Field trend: —

Communications

Google Trends only

Communications, media studies, journalism, and public relations.

Current level

—

1Y

Level: —

IPEDS supply

—

Annual completions

Share of mapped supply

YoY change unavailable

Latest published final release year shown when available.

4-week momentum

—

Field trend: —

Computer Science

Google Trends only

Computer science, software engineering, data science, and computing.

Current level

—

1Y

Level: —

IPEDS supply

—

Annual completions

Share of mapped supply

YoY change unavailable

Latest published final release year shown when available.

4-week momentum

—

Field trend: —

Criminal Justice

Google Trends only

Criminal justice, criminology, law enforcement, and forensic study.

Current level

—

1Y

Level: —

IPEDS supply

—

Annual completions

Share of mapped supply

YoY change unavailable

Latest published final release year shown when available.

4-week momentum

—

Field trend: —

Education

Google Trends only

Education, teaching, special education, and teacher preparation.

Current level

—

1Y

Level: —

IPEDS supply

—

Annual completions

Share of mapped supply

YoY change unavailable

Latest published final release year shown when available.

4-week momentum

—

Field trend: —

Engineering

Google Trends only

Mechanical, electrical, civil, chemical, and broader engineering pathways.

Current level

—

1Y

Level: —

IPEDS supply

—

Annual completions

Share of mapped supply

YoY change unavailable

Latest published final release year shown when available.

4-week momentum

—

Field trend: —

English

Google Trends only

English, literature, creative writing, and related humanities programs.

Current level

—

1Y

Level: —

IPEDS supply

—

Annual completions

Share of mapped supply

YoY change unavailable

Latest published final release year shown when available.

4-week momentum

—

Field trend: —

Health

Google Trends only

Health science, nursing, public health, and healthcare administration.

Current level

—

1Y

Level: —

IPEDS supply

—

Annual completions

Share of mapped supply

YoY change unavailable

Latest published final release year shown when available.

4-week momentum

—

Field trend: —

History

Google Trends only

History, historical studies, and related social science/humanities programs.

Current level

—

1Y

Level: —

IPEDS supply

—

Annual completions

Share of mapped supply

YoY change unavailable

Latest published final release year shown when available.

4-week momentum

—

Field trend: —

Nursing

Google Trends only

Nursing, BSN, RN-to-BSN, and nurse practitioner pathways.

Current level

—

1Y

Level: —

IPEDS supply

—

Annual completions

Share of mapped supply

YoY change unavailable

Latest published final release year shown when available.

4-week momentum

—

Field trend: —

Political Science

Google Trends only

Political science, public policy, government, and public administration.

Current level

—

1Y

Level: —

IPEDS supply

—

Annual completions

Share of mapped supply

YoY change unavailable

Latest published final release year shown when available.

4-week momentum

—

Field trend: —

Psychology

Google Trends only

Psychology, counseling, behavioral science, and related graduate intent.

Current level

—

1Y

Level: —

IPEDS supply

—

Annual completions

Share of mapped supply

YoY change unavailable

Latest published final release year shown when available.

4-week momentum

—

Field trend: —

Military-connected demand
Schools + installations + GI Bill

Military demand, from market backdrop to school-level realization

This layer combines installation proximity, ACS veteran backdrop, and VA GI Bill history to show where military-connected demand is most likely to matter. It is useful for broad market planning and for institution-specific briefing.

Demand combines proximity to installations, the surrounding veteran backdrop, and school support signals. Yield shows realized GI Bill activity at the school. ACS means the American Community Survey, which we use here to estimate the veteran backdrop in the surrounding state.

Latest military update

—

Published with the weekly HEDSI bundle

Installations

—

Modeled nationally

Catchments

—

School-to-base matches

GI Bill schools

—

VA beneficiary history

Profiles

—

School-level outputs

Military demand index

Higher means stronger opportunity around the school from nearby installations, veteran backdrop, and support signals.

GI Bill yield index

Higher means more realized GI Bill activity at the school, which helps show where military-connected students are already showing up.

ACS veteran backdrop

ACS = American Community Survey. We use veteran share of adults as a state-level backdrop signal for the local military market.

Top 3 states

Ranked by average military-connected demand index

Choose state

Select any state to see its military-connected footprint, not just the top three.

Choose school

No schools available for the selected state.

School spotlight

Select a school

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Top schools in this state

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