Saturday, October 10, 2020

Amid hopeful enrollment figures, but shaky budget shortfalls, UVM restores pay for 63 lecturers - Grace Elletson, Vermont Digger

 Still, these enrollment losses are better than expected. UVM President Suresh Garimella sent an email to the college community in May, warning that colleges across the country could lose 20% of their students due to Covid-19.  But Garimella’s budget predictions were almost spot on. He said if the university experienced “even a half of the enrollment decrease predicted by current national surveys, we will suffer a $26 million loss of revenue, or over 7% of our general fund budget.” 

https://vtdigger.org/2020/10/01/amid-hopeful-enrollment-figures-but-shaky-budget-shortfalls-uvm-restores-pay-for-63-lecturers/