For decades, American higher education has been facing an untenable fiscal situation brought on by increasing administrative bloat and an ongoing facilities arms race. The coronavirus pandemic did not create these problems, but the pandemic is now exacerbating these challenges and impacting universities’ bottom lines. Endowments, tuition revenue, charitable contributions, and state appropriations have and will continue to be impacted by the economic effects of business shutdowns precipitated by the coronavirus. Universities cannot look to Washington for additional bailouts. They must begin an internal course correction now.
Join us for a conversation on how university administrators can reopen their campuses safely, and what steps they need to take to survive financially.
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Heard at Heritage