Saturday, February 6, 2021

Land-Grant Universities Tell Congress They Lost $17 Billion During Pandemic - Inside Higher Ed

The Association of Public and Land-grant Universities’ 199 public research universities have lost $17.7 billion in revenues during the pandemic and had to spend another $3.1 billion to take safety measures last fall. However, they have only received $5.7 billion in help from the CARES Act and the COVID relief package approved in December, the association wrote members of Congress on Tuesday, asking for more aid. In addition, the association said its institutions are facing cuts in state funding. For example, the Colorado Legislature slashed support for public institutions by 58 percent.

https://www.insidehighered.com/quicktakes/2021/01/28/land-grant-universities-tell-congress-they-lost-17-billion-during-pandemic