PERSPECTIVES: College Towns, Not Just Colleges, Are Suffering Through Pandemic

Big drops in state funding and tuition are already devastating budgets, forcing salary cuts and layoffs at a rapid rate. Fewer U.S. and international students and university workers will mean reduced demand for local businesses in college towns. And if online classes during the pandemic lead to a long-term shift toward distance education, it will mean even less money gets spent around university campuses.” Read more from Bloomberg.

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