NEW YORK (NYTIMES) - For years, Ms Claire McCarville dreamed of going to college in New York or Los Angeles, and she was thrilled last month to get accepted to selective schools in both places. But earlier this month, she sent a US$300 (S$427) deposit to Arizona State University, a 15-minute drive from her home in Phoenix.. Read more at straitstimes.com.
NEW YORK - For years, Ms Claire McCarville dreamed of going to college in New York or Los Angeles, and she was thrilled last month to get accepted to selective schools in both places. But earlier this month, she sent a US$300 deposit to Arizona State University, a 15-minute drive from her home in Phoenix.Across the country, students like Ms McCarville are rethinking their choices in a world altered by the pandemic.
Some institutions are projecting US$100 million losses for the spring, and many are now bracing for an even bigger financial hit in the fall, when some are planning for the possibility of having to continue remote classes. The coronavirus forced campuses to shut down at a time when higher education, which employs nearly 4 million people across the country, was already facing major challenges. Population declines are expected to reduce enrollment, even as skyrocketing tuition and student debt have led to questions about whether a college education is worth the cost.
The rest of the bailout amounts to just 1 per cent of total university expenses. College presidents say that won't be enough to protect some institutions from slashing staff and programmes, cutting back scholarships or perhaps even going under. They are asking for at least US$46.6 billion in aid, to be divided equally between institutions and students, in the next stimulus package.
The spring is prime testing season for juniors applying to college in the fall. But dates for the SAT and ACT have been cancelled, and Advanced Placement subject tests have been truncated. On Wednesday, administrators of the SAT and ACT announced that they would develop digital versions for students to take at home if school closures continue into the fall.
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