4 in 10 parents now say the coronavirus crisis may prompt their children to delay going to college, according to a new study.
Restrictive student visa policies and changing attitudes about studying in the U.S. will inevitably hamper the flow of foreign students, who often pay full tuition and contributed nearly
to the national economy in the 2018-2019 academic year, according to NAFSA: Association of International Educators., many of which are already canceled or moved online. And then there is the blow to endowments, as many families take a financial hit from a stagnant economy, resulting in a"People's ability to give has decreased, and people's need has increased," said Allen Koh, CEO of Cardinal Education, a California-based tutoring, test-prep and college admissions firm.
"Colleges are getting hit in every single way," he said. "The financial devastation is going to be huge."
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