Harvard and Rutgers have announced mostly online plans for the fall. Colleges are trying to balance revenue concerns with safety, and money is looking tight. “Some of these cuts may last for years to come,” one expert said.
As fall grows closer and the coronavirus pandemic shows little sign of abating, a slew of prominent colleges are announcing they’ll be offering classes primarily remotely this fall.
Over these past few months, colleges have been trying to balance revenue concerns with safety as they prepare for a fall semester unlike any other. Many schools are heavily reliant on tuition and what’s known as auxiliary revenue — funds they earn through the dorms, dining and other on-campus facilities — that could be put in jeopardy with a remote semester.
Are you a student or parent making your plans for this fall? We want to hear from you. Email jberman@marketwatch.com “If a student has gotten into one of these very, very selective schools, they’re not going to give up their place if they have to study online for a semester,” said Catherine Bond Hill, managing director at Ithaka S + R, which consults with universities and nonprofits, and the president emerita of Vassar College. “It’s much easier for the highly selective schools, which correlate with the better endowed schools, to make those decisions.
For one, these schools have the funds necessary to pay for the testing and other safety protocols that are required to bring students back into residence halls, said Kelchen. In addition, these research institutions rely less on the funds they bring in from campus housing than other four-year colleges with less robust resources, he said.
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