Declines in enrollment are life-threatening for most universities, as tuition is the primary source of revenue for most universities. Edmit, a college planning tool for parents and high school seniors, examined financial trends at 937 private universities. The company conservatively estimated the Covid-19 impact as tuition losses of 10 percent in 2... See more

Underemployment among college graduates is a rising issue in countries like the US, where a university has been perceived as a vehicle for economic mobility.

It may be more cost-effective to replace tenured faculty with adjuncts and whittle down or shutter departments like French or history that do not feed vocational aspirations, but it decimates the possibility of a broad education that permits students to question the assumptions of a decaying…

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