Pandemic’s Impact On Higher Education Grows Larger; Now Estimated to Exceed $120 Billion

As the coronavirus pandemic continues, it’s financial impact on American colleges and universities is now estimated to substantially exceed $120 billion. That’s according to a recent letter from the American Council of Education (ACE) and dozens of other organizations representing the nation’s two- and four year colleges.

The letter was sent to House of Representative leaders as the House considers another financial relief package that would provide additional stimulus checks and unemployment benefits to individual Americans, along with more money for small businesses, the states, Covid-19 interventions, and education as the economy continues to struggle to recover from the effects of the pandemic. House Democrats have just this week proposed a revised Heroes Act containing a $2.2 trillion coronavirus relief package that includes many provisions from its original

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