Posted on 04/25/2020 3:46:31 PM PDT by Bruiser 10
As the financial impact of the coronavirus pandemic continues to hit higher education, a number of colleges and universities are furloughing and laying off staff to cut costs.
The University of Arizona, the University of Wisconsin, the University of Montana, the University of Tulsa, the University of Louisville, Marquette University, the University of Kentucky, the University of Michigan, and Washington University in St. Louis are all schools that have announced plans to furlough or layoff staff because of the virus, according to a report by Forbes. "It would not be prudent – or even possible – for us to use a significant amount of our endowment funds for this purpose."
Washington University announced perhaps the most significant set of actions. In a letter sent to university faculty and staff, Washington University Chancellor Andrew Martin announced that 1,300 employees would be furloughed for 90 days. The furloughs come as the school is predicting more than $150 million in revenue losses because of the virus. The university already took other actions to cut costs such as implementing hiring freezes, pay cuts, and pauses on construction projects.
(Excerpt) Read more at campusreform.org ...
So there are some benefits to this virus after all. Maybe universities will be come to be seen atls the ridiculously overpriced left-wing commie mills that they are
That’s going to hurt.
First area to cut: any and all related to diversity and inclusiveness
I happen to know of a college that may not open its doors next autumn. Very sad.
IIRC, Franciscan or some such name is going to give out free tuition.
Tuition, room and board, and professors books will be doubled in price next semester to make up for it. Gonefs.
Yeah; and I guess we don’t need the brilliant young scientists, engineers, medical professionals who come out of many of our universities, either.
1) stuff the stimulus money in your pockets (Administrators)
2) Hold onto the tuition, fees and especially the endowment investment money (Administrators)
3) lay off the little schmucks who don’t matter anyway.
Dean Wormer was a composite of real guys out there on campuses.
signed,
University library employee now retired.
And, also, cut into the administrative costs. Too damned many straphangers.
And you’re an idiot and you seem proud of it :-) I’m talkin about universities in their current form. But keep being a jerk off it’s working well for you in life :)
ERRFF!! This ain’t the way it was supposed to work out. Only the Trump supporters were supposed to get hurt financially.
Yeah especially those of us with the possibility of working in teaching. 30 years mixed college-level teaching and software engineering and I can’t find a job.
Getting a job - any job for me - is impossible. All the Software Engineering and IT jobs are only reserved for Indians, and teaching jobs become increasingly rare.
Only jobs left are low-paying physical-labor jobs. Jobs I would last less than 15 minutes in. And mind paying even half of of former income level of $130K a year.
So I better hope that any further stimulus packages extend extra benefits for months.
My guess is most of the cuts will be to maintenance and worker bee staff, including some administrative secretarial types (assistants), and only a small percentage of the cuts will be to administrative managers, directors, assistant directors, executives of various types and a few faculty members. Hopefully, I’m wrong. Reduce the bloat of the permanent education staff, especially those whose workload in one or two classes per week.
They're not going to indoctrination mills.
Amazing you’re the only moron to make a comment like that. Everyone else sees the reality. Old stubborn fools are too easy to come by. Don’t keep being one.
and don’t hate me because I’m a beautiful Italian Staten islander who loves New York :-)
Buona Sera!!
Universities have a lot of problems with the ‘studies’ areas, and with all the ‘identity politics’ and touchy-feely stuff. But many of them are still rigorously training young people in the hard sciences; and a lot of those kids are brilliant and very dedicated. We need them.
But, they still keep charging the same exorbitant tuition fees. Now I hear that many of the colleges are not going to have in person classes in fall. Case in point: Boston U. 54k / year in tuition. For online classes? This is ridiculous.
On the bright side, this may push many students into the trades.
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