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 ...
... today’s colleges disappear.
Or as the intellectuals would have us believe...
Sic transit gloria mundi
I also envision property taxes going way up due to closures, etc.
They are RICO rip-off mills...let the communist gonefs suffer.
Yep...they paid for an education (at least they think they did). they aren’t getting it.
Refund time.
“Go home and take classes online.” Yeah, reasonable reason to demand room and board payments back.
For those who are interested in a legal primer on this issue:
https://reason.com/2020/03/14/university-liability-for-dorm-room-evictions/
And then...college bailouts!
There is no great crisis, this isn’t that deadly, especially compared to this year’s flu. The univerities which are closing have (without exception) been negligent in ensuring that the crisis they are responding to is real.
The money is owed, and as this plays out the courts are not going to be in a forgiving mood.
The redistributive academic logic for those colleges not offering refunds is they have to keep the tuition from the students that are no longer learning to pay the professors who are no longer teaching.
It’s time colleges tighten their belts a little. They could begin by eliminating all majors that have “studies” in their name. Fire all the professors/instructors teaching classes in those majors, and the lease out the empty classroom space for an income stream. (I am only half serious, the leasing out of classroom space probably isn’t feasible.)
They should refund all student majors except those majoring in gender and race studies. They weren’t learning anything anyway before classes were suspended.
My neighbor pays for her two Grand daughters college tuition. She called the school about a refund and was told a decision had not been made on refunds.
The school would get back to everyone in the next two weeks.
My neighbor thinks she is SOL.
I’m hoping both of my kids are offered refunds for their tuition. I love having both of them home and the financial situation would be much easier on me.
I would imagine that there would be refunds on room and board. But since schools are going to continue to have online classes, I doubt the tuition would be refunded.
My daughter is a grad student. One of the parts of her “package” was leading “studio time” and being a grad assistant teacher—which most folks knows she teaches a lot of classes.
She was “guaranteed” a weekly income...much like an adjunct professor.
She is worrying that it will be cut because they already locked down the studios and cut classes.
This is impacting a lot of people.
(In the middle of last week she went out and bought a bunch of material she can work on at home. She is a self taught seamstress. She always joked that during the apocalypse should could make pots to cook in and make clothes out of anything—compared to many of her students and co-workers...she will be an entrepreneur.)
Every college expands to fit best case funding scenarios with the constant addition of worthless class offerings, Narrative supporting course study (”studies”) and support staff.
Colleges and universities stopped being able to manage their businesses.
Well...welcome to the world of reality, Colleges...
The best situation is to have them home, a hold on tuition, no lab fees, and a moratorium on loan repayments for the duration.
And...that no one gets sick.
My guess...that is what you will face. It will be the best of all worlds. Except for the complete collapse of civilization.
You have something there. I have reflected on my own college education in the past, and I realized that the vast amount of the courses (undergrad) that I took were commodities. Calc is calc. Physics I & II, always been the same. Finance, accounting, bio, chem, English, etc. have not changed. It is all base knowledge. Why is there such infrastructure and human resources surrounding the instruction of commodity subjects? I get the whole college experience. It was great for me. I was able to do a lot of stupid things in a safe environment before going into the real world. I got it out of my system. But it seems all of that has been lost to completely out of control seriousness. In other words, university administrators take everything too serious - every micro-agression, every major, etc. when in actuality, there need not be such seriousness. The knowledge product is actually pretty basic, and anyone with half a mind can learn it. Someone with talent can teach it. Literally, that is not the commodity. Most profs suck at teaching. Geez, half of them anymore don't speak English as a first language.
So take the talented communicators, have them deliver the commodity subjects using today's technology to the masses. Then keep real professors for research, but for gawd's sake don't spend money researching liberal/progressive tripe.
Odd...but I thought many of these colleges and universities had biology departments and knew money didn’t grow on trees. You thought you’d could just close classes and “shake down” the students and parents to cover the cost? What did you think? You were government, could raise taxes and demand tribute under armed threat like they do?
Stupid ‘out to lunch’ socialists. Even stupidity demands a price.
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