College enrollment drops, ESPN's women's sports contracts, Adidas Yeezy sale: Triple Play

College enrollment drops, ESPN's women's sports contracts, Adidas Yeezy sale: Triple Play

The Yahoo Finance Live team breaks down some of the top stories of the day, including: College enrollment rates are dropping as high school graduates consider jobs over college. The increasing popularity of women's sport means ESPN will likely have to pay more to broadcast those games. Also, Adidas is beginning to sell Yeezy sneakers again for the first time since the Kanye West controversy. The company says "a significant amount" of the proceeds will be donated to charity.

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Yahoo Finance

Thu, June 1, 2023, 6:01 AM GMT+9

Video Transcript

- All right, time now to take a look at some of the top trending stories of the day with Yahoo Finance's Alexandra Canal and Josh Schafer joining us for our little roundtable today. Up first, ahead of jobs day. We're seeing this. More high school grads are getting into blue-collar jobs rather than going to college. This is based on some recent government data showing the recent college enrollment date for high school grads is ages 16 to 24 had dropped last year to 62% from just over 66% in 2019. That was pre-pandemic. So we're just seeing this trend of people going to the job market and seeing what they can get out there. First, Ali.

ALEXANDRA CANAL: Yeah, and a few things stood out to me. One, being the fact that more women than men are entering college. Like you said, a big part of that that's driving it is trade schools, those blue-collar jobs. But this is interesting, because I've actually had this conversation with several friends, family. I'm always going to be a proponent of more education, however, if you are someone that doesn't know what they want to do, you're not going to take advantage of that degree, you're not going to take advantage of the programs that college offers, then you're going to leave college heavily in debt, still not knowing what you want to do.

So in a way, I do think it's good that these high school students are thinking about the-- the meaning of college, what they want to get out of college. Because these are a young kids, 17 years old. It's really hard to know exactly what you want to do. So I'm not totally surprised by the results of this study, because I do think a lot of people are second-guessing the value of a college--