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Colleges Taking Financial Hits During Pandemic

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As the coronavirus takes hold of the entire country many colleges across the country are scrambling to keep their finances in order. As a matter of fact, some colleges around the country are taking hits as large as $100 million in the form of sporting event ticket sales, housing, dining, and more. There are even a large number of college higher-ups that fear many students won’t be coming back once things get somewhat back to normal. To try and combat the issue, some leaders have started issuing hiring freezes, and have put the brakes on any campus construction, but many think that may not be enough to last. Once things get back to normal, will you allow your kids to go back to college?


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