The real issue is.. many of the universities in the US are going broke... despite insanely inflated tuitions..
like most governmental-run institutions, in the US they have been mismanaged and misaligned with the actual public need..
A good friend is a senior administrator at a large state university in Ohio.. while COVID is getting most of the blame.. freshman enrollments are WAY down for the last 3 years running.. and more and more kids, if they chose to go to college/university, are choosing to go online..
the problem with online enrollments is.. the universities in the US have built their business models around making the bulk of their cash from the sale of dormitory housing, students eating in the dining facilities, sale of parking passes, etc..etc.. and they have huge sunk costs in building crap like lazy rivers, climbing walls, huge food courts, etc.. that were supposed to attract students to an on campus lifestyle (but have nothing to do with education at all), that they arent recovering their investments on..
Since universities cant cover the cost of their newly built on campus apartments and climbing walls.. many of them have resorted to cutting staff.. the Ohio university mentioned above has a plan to release almost 25% of its staff by the end of 2022.. they are putting larger numbers of kids into classrooms, running more and more of their curriculum online where they can assign significantly larger numbers of kids to the same class, etc..
In short, the entire US public education system is in a pretty dismal place these days.. from the grade schools to the post graduate programs..
There is further concern that all of the "tuition relief" efforts will just further incentivize universities to increase tuition (why not.. the students arent paying.. the govt is (ie the tax payers)...)... which just leads them further and further down the same rabbit hole (less freshman enrollment.. because many young people in the US are disenfranchised by the entire racket and are now seeing the fallacy of the millennials and all of their gender studies degrees that now work at Home Depot and Starbuck after graduation.. if they work at all...
As a lifelong student and someone that actually really enjoys the learning process, seeking knowledge, etc.. I find it pretty sad (and in many ways revolting)...
On March 23, the students and faculty of New Jersey’s Bloomfield College received a letter from the school’s president, Marcheta P. Evans, addressing concerns that the financially struggling college might be forced to close its doors.
www.benzinga.com
Steep enrollment declines are forcing some colleges into bankruptcy while the country's most elite institutions are faring better than ever.
www.cnbc.com
Colleges, universities, and other schools face funding challenges for a variety of reasons. Learn how schools make money and how they use it.
www.investopedia.com