The emergent of Corona-virus has had
an effect on the College and the cost of education in the US and most countries
in the world. Some of the effects of Corona virus includes the rising cost of
tuition and fees. The financial situation in most college is dire and many
educational institutions is struggling to survive. In some places, campuses has
to be closed and moved their learning to the digital platform to curb the
economic strains.
The emergent of Coronavirus has had
an effect on the College and the cost of education in the US and most countries
in the world. Some effects of Coronavirus include the rising cost of
tuition and fees. The financial situation in most college is dire and many
educational institutions is struggling to survive. In some places, campuses has
to be closed and moved their learning to the digital platform to curb the
economic strains.
Coronavirus has somehow disrupted
the financial overflow in higher education and has left many colleges and
learners to struggle. Most colleges have experienced huge losses in revenue to
restrictions on foreign students, and most home students cannot match the huge
tuition increase. Students are also struggling with student loans and other
financial upkeep.
The effect of coronavirus on
educational institutions has substantially hurt the US economy due to the fall
on revenue from foreign students. It now upon individual institution to come up
with their own measures of raising the standards of education and different
methods of learning to attract most students.
The federal government should also
come up with financial grants to bail up the struggling institutions and to
mitigate the effects of the coronavirus. Students must also shift their
mindset and attitude toward college education due to the financial implications.