Top

University of Tennessee System to guarantee spots for top 10% of high school students

Students need freedom to develop critical skills with edtech

ChatGPT can generate, but can it create?

Brown U Athletes Sue Ivy League Over No-Scholarship Policy

Fossil Fuel Industry Gave Hundreds of Millions to Higher Ed

image credit: Pixabay

Moody’s: $14B stimulus funding unlikely to cover colleges’ coronavirus expenses

April 2, 2020

Via: Education Dive

Category:

Although the stimulus package is “mildly credit positive” for the higher ed sector, the analysts note the amount it allocates directly to colleges for their own use is equal to just 1% of total university expenditures. The revenue losses and added expenses colleges will face due to the pandemic will “likely be in excess of that amount,” they write.

Colleges must spend half the funds they get through the legislation on emergency aid to students.

Read More on Education Dive