‘Pressure is Turning Way Up’: College Presidents Plan Layoffs, Budget Cuts Due to Coronavirus, Says SurveyApril 12, 2020 |
by Katti Gray
In response to the upheaval caused by the coronavirus pandemic, more than 72% of college presidents expect to lay off employees, almost 55% project across-the-board budget cuts and almost 40% will likely cut research-and-development spending, according to a recent survey of higher education leaders’ priorities amid campus shutdowns.
The survey, conducted by ABC Insights, along with the Association of American Colleges & Universities (AAC&U) and the rpk Group, drew responses from 142 presidents from 77 private universities, 38 public ones and 27 community colleges. Researchers had sought responses from 285 college leaders.