Financial hits pile up for colleges as some fight to survive

Associated Press ^ | April 7, 2020 | Collin Binkley and Jeff Amy

[a fool in paradise]

Sell off assets.
Tap the billions of endowments cash.

[cuban leaf]

Don’t kid yourself. The reaction to this virus farce is most definitely the Black Swan many have been warning against for over a decade.

This is gonna leave a mark.

[a fool in paradise]

Learn to code

[ClearCase_guy]

The government should not send them money.

Let them die.

[ConservativeMind]

Die, bloated liberal institutions.

Die.

[JonPreston]

Pray that they all collapse.

[Bellagio]

Sounds good to me. They’re nothing but Communist re-education camps anyways. Let them all collapse.

[ARW]

The college bubble was already beginning to burst. This will simply hasten it.

[McGavin999]

Every cloud has a silver lining. Many colleges need to close and many academics need to go into the real world.

[1Old Pro]

NO money, close them down, use them as hospital rooms for the next pandemic.

[Grampa Dave]

Sell off assets.
Tap the billions of endowments cash.

So far zero returns for 2 grand kids who have been at home for weeks. One was a Cal State student, and the other a big back east school.

[FreedomPoster]

I’ve seen it asserted that half the small liberal arts colleges will go out of business in the next ten years. This event may speed some of that up.

[Varda]

Universities can’t typically do anything they want with endowments. If colleges and programs fold, I wouldn’t be surprised if many endowments revert the donor or his estate.

[MrEdd]

Hit ‘em.
Hit ‘em hard.
If they get up, hit ‘em again.

[tflabo]

With all that money that they rip off in exorbitant tuitions they should be swimming in dollars. Then again Ivory Tower Lieberals running these places pay themselves a kings fortune.

[Sgt_Schultze]

Maybe they should think about pruning away “majors” that sound like “_________ Studies” and concentrate on legitimate fields of study.

[HonorInPa]

Except for labs and classes needing specialized equipment, many undergrad courses can be taught on-line. Cheaper and more efficient. Welcome to the real world.

[headstamp 2]

[[[Sounds good to me. They’re nothing but Communist re-education camps anyways. Let them all collapse.]]]

Let the communist professors live in the real world. The one of reality

[Old Yeller]

Pray that they all collapse.

But, but what about college football and basketball? What are alumni and bandwagon fans going to do about "bragging right"? /sarc