Declines in enrollment are life-threatening for most universities, as tuition is the primary source of revenue for most universities. Edmit, a college planning tool for parents and high school seniors, examined financial trends at 937 private universities. The company conservatively estimated the Covid-19 impact as tuition losses of 10 percent in... See more

We’ll see a culling among universities. Just as retail closures are accelerating from 9,500 stores in 2019 to more than 15,000 in 2020, we’re going to see dozens, maybe hundreds, of universities not reopen. In academia, we have been preying on the hopes and prayers of the middle class, offering parents the chance to check an instinctive box, giving... See more