Coronavirus is pushing colleges to make “hard choices” about education. We already know that the future of students’ education has been heavily impacted by the global crisis, but educational institutions are suffering too. Small schools are closing or facing permanent closures due to falling enrollment and financial shortfalls. The virus has also exposed the flaws in their business models, and to stay afloat, administrations are making the “hard choices” of cutting spending, freezing staff salaries, and halting plans for campus buildings.The majority of college and university enrollment managers are worried about meeting fall targets for enrollment and tuition. (WSJ)
