As I watched international news this past week, I was struck by the amount of losses that global universities were projecting they would suffer as a result of the coronavirus pandemic.
One interviewee from a US university noted that out of the over $10 billion allocated to bail out universities from the $2.3 trillion stimulus package passed by US lawmakers at the end of March, close to $7 billion would be used to refund students money they had paid for accommodation, for example.
