The Impact of COVID-19 on Students and Colleges

COLLEGE in the Age of Coronavirus Due to the COVID-19 outbreak, 1 IN 6 HIGH SCHOOL SENIORS who planned on attending full-time college in the fall are now rethinking that path Why COVID-19 Has Hit Universities PARTICULARLY HARD Student Risks By April, a few students sued, claiming... LIBERTY "Liberty University is, in a very real sense, profiting from the COVID-19 pandemic – keeping its campus and campus services 'open' as a pretext to retain Plaintiff's and the other Class members'.. fees, despite no UNIVERSITY longer having to incur the full cost of providing those services, all the while putting students' finances and health at risk" remained open as some students sickened Funding Woes In March 2020, JUST INSTITUTIONS received the majority of funds Congress allocated nearly $350 MILLION Of those, of coronavirus relief to colleges with "significant unmet needs" the combined enrollment was less than 3000 students New Jersey is placing 50% of the funding for state colleges in reserve until September 30, the end of the fiscal year Economic Uncertainty The US is projected to lose billions in revenue as a result of business loss American universities could lose 25% of international students Best Case Scenario Worst Case Scenario -$77 BILLION -$347 BILLION A $48 BILLION DOLLAR MARKET AS OF 2018 As of April 2020, the OFFICIAL NATIONWIDE UNEMPLOYMENT RATE reached 150% nearly BUT some experts caution that the true number is much higher Secretary of Treasury Steve Mnuchin acknowledged it may be up to 25% 36% Kentucky has the highest rate of unemployment "Colleges are prepared for dramatic, catastrophic events. What they're not prepared for are drawn-out things that are less spectacular, but that really cannibalize their operations and their budgets." John Thelin University of Kentucky Professor and Author of History of American Higher Education pO CHALLENGES For The Class Of 2020 Psychological Effects QUARANTINE MAY LEAD TO EFFECTS consistent with PTSD and depression Younger adults* have experienced a 10X INCREASE IN SERIOUS MENTAL DISTRESS *ages 18 to 44, compared with 2018 No Physical Classes May 2020: CALIFORNIA STATE UNIVERSITIES ANNOUNCE FALL SEMESTER WILL BE ENTIRELY ONLINE CSU is the largest 4-year public university system in the US, and undoubtedly their decision will be watched closely by other institutions No physical classes means Missing out on "normal" social experiences Decreased opportunity for networking that could help build careers later Loss of nuance from in-person instruction and peer interactions and activities "A lot of places have the capacity to reopen in normal circumstances. But we're not going to flip a switch and go from 'everyone shelter at home' to 'everybody go back to what you used to be doing three months ago" Paul LeBlanc President of Southern New Hampshire University Lasting Impact On Career Opportunities Students without work history don't qualify for unemployment Graduating in a down economy comes with long-term negative Worse, about 1 in 4 employers are consequences revoking offers to interns Looking to the FUTURE By April 2020, 1.6 BILLION students saw their education interrupted, Changing Value 0f Education RIGHT NOW, THE COLLEGE EXPERIENCE IS UNRECOGNIZABLE, BUT THE PRICE HASN'T SHIFTED and there's still no long-term solution in sight In the future we may be asking, "Is it worth the same to graduate from an expensive college if you never stepped foot on campus?" Potentially the start of a long-term shift in how we view schooling As a result, the value of traditional education may be fundamentally affected Mixed-Location Classes Some experts predict a surge in integration of in-person and online learning Now, we're learning what it is Going forward, tools like to live and work online Zoom & slack and how convenient it is may be crucial to a combination of online and in-person classes A Shift Towards Innovation In China, Some teaching methods were old-school, based on 120 MILLION STUDENTS OUTDATED TECHNOLOGY The pandemic is a catalyst to quickly search for INNOVATIVE METHODS now access learning material through live TV BUT students report feeling ISOLATED, OVERWHELMED, AND HELPLESS The Guide To Reopening According to the American College Health Association UNIVERSITIES CAN ANTICIPATE CHANGES FOR AT LEAST THE NEXT 12-18 MONTHS RETURN TO IN-PERSON ACTIVITIES WILL BE GRADUAL, AND BASED ON PUBLIC HEALTH CONDITIONS AND EACH INSTITUTION'S ABILITY TO MEET GUIDELINES Status quo will depend upon Widespread testing Continuing isolation of those exposed Advice For Students Avoid Falling for Scams Look into TRANSFER ONLINE LEARNING Your Credits Instead of skipping a year entirely, consider a remote alternative Research transfer guidelines or have an advisor check for you Check the school's accreditation, admission criteria, and reviews We have a long way to go until returning to normal – if we ever can Sources: artsci.com/studentpoll Prepare yourself for the new reality of college in the age of coronavirus research.stlouisfed.org/dashboard/49765 en.unesco.org/covid19/educationresponse ncbi.nlm.nih.gov/pmc/articles/PMC3323345 kentucky.com/news/coronavirus/article242729911.html sciencedirect.com/science/article/abs/pii/S0927537109001018 nymag.com/intelligencer/2020/05/scott-galloway-future-of-college.html state.gov/international-education-week-kicks-off-with-open-doors-report statista.com/statistics/1102971/covid-19-monetary-global-gdp-loss-scenario gallup.com/education/308291/caring-students-wellbeing-coronavirus-world.aspx theatlantic.com/politics/archive/2020/04/will-colleges-be-open-coronavirus/610657 edsource.org/2020/california-state-university-classes-to-continue-mostly-online-in-fall/631381 naceweb.org/talent-acquisition/trends-and-predictions/coronavirus-quick-poll-preliminary-results Presented by: theverge.com/2020/4/15/21222942/google-slowing-down-hiring-through-2020-covid-19-pandemic CollegeCliffs.com study.com/academy/popular/how-to-check-course-equivalency-when-transferring-online-credit.html scmp.com/tech/policy/article/3050940/schools-remaining-closed-during-coronavirus-outbreak-china-launches distancelearningportal.com/articles/175/8-ways-to-find-out-if-an-online-degree-is-a-scam-or-the-real-deal.html cnbc.com/2020/05/10/coronavirus-mnuchin-says-unemployment-will-rate-get-worse-before-they-get-better.html DEVELOPED BY N NOWSOURCING nbcnews.com/news/us-news/student-sues-liberty-university-demands-refund-due-coronavirus-response-n1183786 weforum.org/agenda/2020/03/3-ways-coronavirus-is-reshaping-education-and-what-changes-might-be-here-to-stay acha.org/documents/resources/guidelines/ACHA_Considerations_for_Reopening_IHES_in_the_COVID-19 Era_May2020.pdf npr.org/sections/coronavirus-live-updates/2020/05/08/851936014/devos-uses-coronavirus-relief-funds-to-top-off-small-college-budgets usatoday.com/story/news/education/2020/04/08/coronavirus-college-students-unemployment-stimulus-fafsa-financial-aid-work-study/2963877001 20 TATES UNITE