Posted on 03/15/2020 8:03:13 AM PDT by CheshireTheCat
“Every residential college and university in America relies on that auxiliary revenue stream. It is baked into the budget”
Colleges and universities with massive endowments will be fine, but schools which are already experiencing financial problems could be in serious trouble.
(Excerpt) Read more at legalinsurrection.com ...
Lay off their diversity offices, The PC segwments of the student affairs offices, Now is a good time to revamp and cut the Gender studies and Other unnecessary programs.
Yes my friend’s two college boys were both just evicted from their university housing. Both colleges have offered refunds. They’ve moved back with their parents to finish up their year online.
I have a son in college too, but he’s renting a room in a house with a private landlord, so he’ll be staying there until his lease is up and will finish up his year online.
My girl’s son attends The Citadel. They will make a decision by the 18th as to what their plans are.
Will be interesting to see what they offer as far as tuition refund goes if necessary.
What bullshit.
A month out...President Trump is suspending all taxes and closing many federal agencies. Nancy Pelosi is seen behind PREZ tearing up the tax code at this historic event.
https://www.youtube.com/watch?v=54BCLYNkFKg
IMO best R&R song in American history. YMMV.
Colleges typically have endowments which they really, really, really don’t like to dip into.
But they certainly could.
Only the ones who expect an education, How many are there?
Which is not necessarily a bad thing. Silver lining I call it.
If the hysterical media manage to end up closing some of these far left institutions and putting their Trump hating professors out of bussiness, that will not be bad thing.
force majeure Defense, during catastrophes everybody sucks it up, stop whining. Mind you, the universities are a particularly perverse example
they absolutely deserve a refund for room and board if the campuses were closed.
Just take it out of the endowments they accumulated harvesting dumb 18-year olds for their student loans.
There will be no refunds for anything.
Look up force majeure.
Will the professors and staff continue to get paid?
Their real worry:
Distance learning, resulting later in decentralized mixed university subscriptions and radically lower costs, will work on a mass scale; only the useful professors will survive; today’s colleges disappear.
Let the Universities with over $500,000,000,000.00 in Endowments step up and help the institutions that need money.
Hmmm...actually have to dig into those endowment funds that they just let sit there and grow? Oh the horrerrers. That is the Joy Behar spelling if horror.
You are paying for a degree and you will get a degree. If you were paying for an education you would demand something different.
Whether they offer it now or wait until the courts explain to them that they are going to give a refund.
Good! This is all complete and utter BS!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.