Economic Take

COVID-19’s Impact on the Higher Education Economy

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Synopsis

Colleges and universities contribute up to 4% of U.S. GDP when you add up tuition costs, room and board, NCAA revenues and research dollars—virtual classrooms and cancelled sporting events will likely have a big impact on the higher education sector this fall. Also this week: a look at the strained finances of states and local communities due to COVID-19 disruptions.  

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