At college campuses across Kansas and Missouri, moving classes online and sending students home may have been wise moves to protect public health as the coronavirus pandemic rages on.
But the decisions resulted in a financial body blow to universities that will cost them millions in the short term and deliver unknown consequences in the months and years ahead.
“What is clear, however, is that we will be losing tens of millions of dollars of revenue through the end of this semester and the summer,” said Erinn Barcomb-Peterson, a spokeswoman at the University of Kansas.
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