COVID-19 and the Higher Education Quandary

Source: Dante DeAntonio, Regional Financial Review, August 2020
(subscription required)

COVID-19 has wreaked havoc across nearly every part of the U.S. and global economy. While higher education has typically been insulated from the business cycle—and sometimes has even been the beneficiary of economic downturns—the current pandemic-induced recession has hit the sector head on.