Posted on 05/21/2020 1:22:40 PM PDT by knighthawk
Michigan’s universities are facing significant losses as a result of the Chinese virus pandemic. One estimate suggests that public universities in Michigan will lose a total of $1 billion as a result of the pandemic.
According to a report by the College Fix, public universities and colleges in the state of Michigan will lose approximately $1 billion as a result of the Chinese virus pandemic. “There are no simply no revenues coming in at this point,” Dan Hurley, the president of the Michigan Association of State Universities, said in a comment.
Many universities and colleges furloughed employees in April to compensate for losses incurred during the spring semester. Western Michigan University President Edward Montgomery announced on May 11 that a “substantial number” of employees would be laid off as a result of budgetary issues.
(Excerpt) Read more at breitbart.com ...
Sue China.
Hahahahahahahaha! Thanks Witchmer!
Would’t it be special to see all of those smug self-satisfied close-minded leftist academics laid off.
University of Michigan endowment is around 12 billion alone.
“University of Michigan endowment is around 12 billion alone.”
And as a Buckeye fan, I’m glad they quit spending it on football.
Losses due to non appearance of students ?
Cool.
If the demoncrats cannot see the writing on the wall, all across the country, after all this, then they are truly mentally afflicted, but we knew that already. Some how they are blind to cognitive dissonance. The results of their votes and actions stares them in the mirror everyday, yet they are blind to it. Yep, liberalism truly is a mental disease.
The Prof of Puppetry in Ancient Europe could lose his job? Even if he has tenure? This is critical!
More likely LACK of Sports events to fund their University.
I read a WSJ article about 7 years ago that indicated this is the REAL reason Universities have sporting events.
They need the $$$ to stay afloat.
Just the excuse they needed not to lose to OSU.. again.
LOL.
What does any intelligent human think with a fool communists Democrat for a governor.
Time to tighten your college belts and downsize.
Universities have many non-essential courses, administrators and employees. They need to significantly tighten their belts too. On line study is going to crush them.
Hahaha. Maybe the LIBs/Leftists there could go into their endowment to make up the “loss”, cut staff salaries and benefits, cut professors’ salaries and benefits, riff some people and so forth. Who cares?
Uh-oh! Looks like they may need to drop Comparitive Gender Studies and the associated degrees due to cutbacks....
NOT.EVER.
Maybe they can get China to pay them reparations.
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