Covid Has Cost Colleges $183 Billion | RealClearEducation

Covid Has Cost Colleges $183 Billion

Covid Has Cost Colleges $183 Billion
(AP Photo/Mark Lennihan)

What a year. Higher ed came into 2020 facing its share of financial challenges: a negative outlook for the entire sector, widespread operating deficits, stark enrollment challenges. Enter Covid-19, along with its attendant declines in enrollment, net tuition, and auxiliary revenue — to say nothing of Covid-related expenses.

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