It's definitely an existential threat to the system. The reason unis might survive are 1) government aid direct and indirect 2) Unis have otherwise heavily incumbent positions and the banks will provide money, maybe on ugly terms.
Most colleges are panicking right now, this is not the kind of situation they are in any way equipped to handle.
It's definitely an existential threat to the system. The reason unis might survive are 1) government aid direct and indirect 2) Unis have otherwise heavily incumbent positions and the banks will provide money, maybe on ugly terms.
Most colleges are panicking right now, this is not the kind of situation they are in any way equipped to handle.
[1] https://www.newser.com/story/289974/2/colleges-face-existent...