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

From Rising Crypto to Top Trending: Lunex Network Challenges XRP and DOGE  

Ripple XRP price hit obstacles at $0.66 amid a renewed Ripple-SEC battle as DOGE investors…

38 seconds ago

Neiro ($NEIRO) Sees $100M Recovery And Fresh Wallet Accumulation As Trading Volume Soars

The Ethereum-based token Neiro ($NEIRO) experienced a remarkable 30% price surge within the past 24…

58 mins ago

Trader Accumulates $22M In $EIGEN Despite Price Drop; Community Concerns Emerge Over Executive Departure

In a notable move, the savvy trader known as boby1337.eth has amassed an impressive 8.16…

1 hour ago

Whale Accumulates $OM As Mantra Advances DeFi-TradFi Integration Through Tokenization

After a seven-month hiatus, a prominent trader, known as whale 0xd1c, has resumed accumulating $OM…

1 hour ago

$GNON Price Plummets 95% From Peak As Top Investors Cut Losses

The price of $GNON has dropped by over 95% from its peak, leading to significant…

1 hour ago

Trader Turns $1,795 Into Over $1 Million With Strategic Moves In $Ban MEMEcoin

In an impressive display of trading savvy, a trader turned a mere investment of $1,795…

1 hour ago