My dad brought this up last night, to support his belief in the oppression of the white male on college campuses. Which is bullshit, and political correctness on campus is surely not a reason for this trend, but this does seem like a real trend and I'm wondering why it would be happening.
My answer at the time was there tend to be more non-college opportunities for men - trade school, apprenticeships, things like that, which I believe are overwhelmingly male. Also sort of similar to things I've seen about the "reverse gender gap" in Mongolia - men are more likely to take over a family business and will learn the skills they need working in the business, whereas women need to go to college to learn other skills because their future is not so laid out for them. College is not the marker for success it once was, and a lot of men might see more non-college opportunities for them that women don't.
There might also be a mental health aspect - I think women tend to deal with mental health better? Which might lead to them being able to deal with uncertainty and stress these days better than men, leading to more men dropping out. I don't have any statistics there to know if that's even true or not though.
I don't know if any of those answers hold any water, but this does seem like a real trend from what I can tell and I'm wondering why it might be occurring.
Dunno if it's a big factor, but modern conservative media is very anti-college, and men tend to be more conservative than women, so that negative portrayal might have a bigger impact on them.
This is it. That combined with college getting increasingly expensive. Rich conservatives will still send their kids to college, but the poor dopes are gonna try to make all their kids small business owning chuds.