Colleges Try to Head Off a Coming Enrollment Crisis

P.M. Edition for Aug. 20. Colleges are facing a demographic cliff —lower birth rates means fewer 18-year-olds. WSJ higher education reporter Doug Belkin explains what impact that’s likely to have on colleges–and why it might not make it any easier to get into top-tier schools. Plus, Walmart was the biggest decliner in the Dow after it reported weaker sales growth in its second quarter. We hear…