The October 26, 2020 New York Times article entitled “Colleges Slash Budgets in the Pandemic, With ‘Nothing Off-Limits,’” does not offer an encouraging outlook for higher education. The article says that every institution, large and small, is being forced to initiate budget cuts to close widening gaps in financial shortfalls. Why? Less students, less fees, less meal and dormitory dollars, and more expenses, accelerating a trend that was already in the making!
Public institutions increasingly forced to do more with less, driving up the price
Combine The Times article with one from Astra Taylor in the October 30, 2020 edition of The Chronicle of Higher Education where she writes, “Unfortunately, recent decades have been particularly hard on America’s fragile system of public higher education: State funding has been slashed, student debt has skyrocketed, and the for-profit college sector exploded. Higher education has become an ever-more costly commodity.” This article also presents a very bleak outlook for higher ed as it is currently constructed.