Oh, the US universities are crying, as well they should, in this endgame of globalism, and these entities have globalism in their very name, which just has to be bad:
https://www.zerohedge.com/economics/math-not-pretty-covid-concerns-spark-existential-threat-many-colleges
“Colleges across the country are trying to figure out whether they can reopen campus this fall. Right now, it's a 50/50 shot. No one knows, and with a second coronavirus wave looming later this year, face-to-face classes might not be seen until early 2021. Ted Mitchell, president of the American Council on Education, said reopening colleges could be a drawn-out process and lead to a 15% decline in students, resulting in billions of dollars lost for schools. "The math is not pretty," Robert Kelchen, a student at Seton Hall University in New Jersey, told NPR News. "Colleges are stressed both on the revenue side and on the expenditure side." The transition to virtual classes has been epic. Schools in nearly every state have moved courses online in just weeks, triggering lawsuits filed by some students that claim refunds for tuition, fees, and room and board must be seen. Dominique Baker, a professor of education policy at Southern Methodist University in Dallas, warned that every college would feel financial stress related to coronavirus lockdowns. NPR estimates that virus lockdowns are leading to significant losses for some universities:
"The University of Michigan estimates it may lose up to $1 billion by the end of the year. For the University of Kentucky, it's $70 million. Hundreds of schools — including some with endowments of more than a billion dollars, like Duke University, Virginia Tech and Brown — have announced hiring freezes. Other institutions have cut pay and have laid off staff and contractors. In Vermont, state officials have floated potential college shutdowns." Baker said the lockdowns would affect colleges in disproportionate ways. "For some colleges, this is an existential threat that means they'll have to close," she said, while others have the financial support to weather the virus storm. The higher education community received a bailout via the CARES Act. Congress allocated around $14 billion to colleges and universities affected by the shutdowns, though the American Council on Education said it was not enough and is calling for $46 billion more.
This, in my opinion is more wasted money. Now is the golden opportunity to close down the universities and start again. The on-line learning idea is excellent, and goes with the times, while the traditional universities in sandstone are dinosaurs, that are expensive, socially destructive because of the poison produced by liberal/Left lunatics on campus, who have nothing constructive to do, and a danger to the health of society. The time has come to let these pests die a natural death.