Did You Know? COVID-19 Budget Cuts Hit Students and Profs, Not Admins
Publisher's Note: This post appears here courtesy of The James G. Martin Center. The author of this post is Anthony Hennen. It only took a global pandemic to force public and private universities to cut their spending. The Bureau of Labor Statistics estimated that about 650,000 jobs were cut in the higher ed sector — a 14 percent decline. An analysis from The Chronicle of Higher Education on the budgets of about 100 top colleges pegged their losses at $183 billion: $85 billion in lost revenues $24 billion for Covid-related expenses $74 billion in anticipated future decrease...
Source: beaufortcountynow.com