Friday, May 15, 2020

What's Next: As colleges make cuts, new ways to make (and save) money emerge - Jeremy Bauer-Wolf, Education Dive

As the costs associated with the coronavirus pile up for colleges, it seems almost moot to point out that in certain areas, institutions are netting immediate savings. After all, some colleges and systems forecast losses in the tens of millions of dollars. So halting aspects of campus operations — as well as large-scale events such as commencements and recruitment fairs — can save some cash. But their losses are big enough that a little savings here and there won't rescue their budgets.
https://www.educationdive.com/news/whats-next-as-colleges-make-cuts-new-ways-to-make-and-save-money-emerg/577039/