Thursday, September 10, 2020

Chancellor: Pandemic has cost UNC-Chapel Hill more than $100M - Sarah Krueger, WRAL

The coronavirus pandemic's price tag for the University of North Carolina at Chapel Hill is well into nine-figure territory, Chancellor Kevin Guskiewicz said, and further losses could mean job cuts at the school. During a meeting with faculty members and others Friday morning, Guskiewicz said the estimated economic impact of the pandemic on the university has already topped $100 million, and administrators expect to lose another $55 million this fall in housing and dining revenue now that most students have left campus.