Concept

Higher education amidst COVID-19: Challenge: financial

  • The pandemic has severely affected the financial situations of most new and current college students, implying that students might need more financial aid than previously anticipated.
  • Colleges and universities are facing severe budgetary challenges due to cash flow and uncertainties in enrollment.
  • This challenge could persist as long as students feel dissatisfied with online education, and institutions' capacity to manage funds for education in the present economic condition is minimal.

0

1

Updated 2021-05-11

Tags

Psychology

Social Science

Empirical Science

Science