Infographics

The Future of College During Coronavirus

COVID-19 has changed the way many are thinking about their futures of their education. Due to the outbreak of COVID-19, 1 out of every 6 high school seniors who previously planned on attending college in the fall are now rethinking that path. Universities and colleges have been hit harder than other businesses and it is facing extra problems on top of other problems caused by COVID-19. Liberty University, a university in Virginia, remained open during COVID-19 even as some of the students got sick. As a result, some students became upset at this behavior and sued, claiming that “Liberty University is, in a very real sense, profiting from the COVID-19 pandemic – keeping its campus and campus services ‘open’ as a pretext to retain Plaintiff’s and the other Class members’ … fees, despite no longer having to incur the full cost of providing those services, all the while putting students’ finances and health at risk.” Funding provided by the federal and state governments for colleges is also developing problems. Congress, in March 2020, allocated nearly $350 millions of coronavirus relief that was headed toward colleges with ‘significant unmet needs’. But only 20 schools got to see the majority of this money, with those colleges benefiting less than 3,000 students. New Jersey is taking 50% of the funding for state colleges and placing it into reserve until September 30, the end of the fiscal year. Economic uncertainty has also been caused by COVID-19 – American universities could lose 25% or more of their international students – a $48 billion market as of 2018. With millions also out of jobs, paying for college may no longer be an option. As of April 2020, the official nationwide unemployment rate hit nearly 15% – but some experts say that the real number may be much higher.

Learn more about the challenges the students are facing and what the future of college during coronavirus may look like here.

Related Post

Brian Wallace

Brian Wallace is the Founder and President of NowSourcing, an industry leading infographic design agency based in Louisville, KY and Cincinnati, OH which works with companies that range from startups to Fortune 500s. Brian also runs #LinkedInLocal events nationwide, hosts the Next Action Podcast, and has been named a Google Small Business Advisor for 2016-present.

Share
Published by
Brian Wallace

Recent Posts

The Calculated Collapse of $TG: How a “Utility” Token Was Engineered for a Rug Pull

In the unpredictable world of cryptocurrency, new tokens launch daily, each one a shining beacon…

16 hours ago

Staked Ethereum Hits Record High as Whale Accumulation Signals Bullish Long-Term Sentiment

Once more, Ethereum is commanding the spotlight as fresh figures indicate that the amount of…

17 hours ago

Arbitrum Sees Surge in Protocol Revenue and EIP-7702 Adoption Following ArbOS 40 Upgrade

The ecosystem on Arbitrum keeps flaunting its robust foundations, with a steady incline in the…

17 hours ago

Ethereum Whale Accumulation Surges as Long-Term Confidence Outweighs Short-Term Volatility

Once again, major market players are focusing on Ethereum. The whale activity surrounding the second-largest…

4 days ago

Week in AI: Fartcoin Steals the Spotlight Amid Market Turmoil

It has been a tumultuous week for the artificial intelligence sector in crypto. Sharp valuation…

5 days ago

BSC Foundation Resumes Strategic Accumulation: VIXBT, CAKE, LISTA, and MOOLAH Under Spotlight

Following a brief stint of dormancy, the BSC Foundation is back in action, reestablishing its strategic…

6 days ago