[quote="redmannorth" post=390753][quote="BrooklynRed" post=390742][quote="Paultzman" post=390696].@MarquetteU unveils cost-cutting to address budget shortfall: "undergraduate enrollment for the fall is 16% below what the university budgeted for incoming students" biztimes.com/marquette-unve…
https://biztimes.com/marquette-unveils-cost-cutting-plan-to-address-budget-shortfall/[/quote]
This is quite interesting. It seems to be impact of fewer incoming freshman. What I would like to know is if they are going somewhere else or are they opting for a GAP year like kids overseas (primarily England). If they are opting for a Gap year because of the uncertainty of real versus virtual classes and thus deferring start for a year, this might be a positive as they will start college a year later and be more mature after a year in the "real world". Who knows, it could become a year of national service prior to college. Could be a win win in the long run.[/quote]
1. Much less foreign students coming to North America, especially the Chinese students. This financial loss will be devastating as they pay much higher fees.
2. They are not taking a gap year as you can’t travel and there is a shortage of jobs.
3. Many more students will stay home and go to local 4 year schools , community colleges and jucos. No sense in going out of town and spending a fortune when you are having on line classes, no sports , very little social interaction. No need to pay for a benefit you will not obtain.
Those are the reasons.[/quote]
#3 is the big one. Not many people are going to want to pay private school $ just to take online classes.