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.”