financial risks in university and students against ncovid

Expert Solution

Covid19 pandemic leads to many problems in allover every industries and the whole financial market also. It will take many time for recovering from this depletion in the economy. The universities and students also affected from this pandemic. Universities around the country are dealing with health concerns as their first priority and the other factors are secondary. So there will be a chance of decreasing in revenue. COVID-19 hit partway through the spring semester for schools on the semester system, which most schools are on, and just before the beginning of spring quarter for schools on the quarter system. So there will be a huge revenue decrease will be there and the students also can not go to university but they have to pay all the fees and other expenses but did not get any classes. This will affect the students also.The other immediate risk to universities is the impact on summer school enrollments. Summer school enrollment programs can not implement this time. Institutions offering summer programs can’t wait until the end of spring for more clarity on the pandemic to decide on how they move forward. So these are the main factors which will affect the Universities and students because of Covid.

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jeff jeffy answered 2 years ago

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