[marcioaguiar]

The number of higher education institutions more than doubled in Brazil in the last decade.

I'm not an expert, but I think this was largely because of a government program called FIES, which finances private colleges and universities for students and the student will only pay the government a year after receiving the diploma. Payment is divided into very low portions. It is an excellent deal for the student and the educational institution. This program was greatly expanded in recent years and almost every student was able to receive funding.

With the crisis, the program suffered a major cut. I believe this will further increase the spaces not occupied.