Tuition increases; lack of new revenue sources; providing services and benefits to students and staff. Prior to the coronavirus, these were just a few of the reasons why many higher education institutions faced financial hardship. Now, leaders are having to revisit their plans for getting back on solid ground in the face of compounded loss and expense.

Dr. David Rosowsky, professor of civil and environmental engineering at the University of Vermont and AGB Leadership Institute Cohort 1 graduate, outlines the ways that many universities struggled prior to coronavirus closures, and describes how the pandemic has added to or, in many instances, emphasized existing cracks in higher education finance.

Dr. Rosowsky’s article “Five Reasons The Pandemic Is Battering College Finances” appears in Forbes.