Reply to Anyone else hearing “lots” of LACs already on the brink may close permanently this summer?

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[quote=Anonymous][quote=Anonymous]I was happy just yesterday to receive a credit for half of my child's room and board for the semester (from a SLAC). That seems [b]eminently[/b] fair to me.

BUT, they did mention that some families are choosing to donate that $$ back to the school![/quote]

But that's the very same SLAC is that is probably trying to hit me (alum) up for money to cover that loss.  Just an FYI.  The pleas for donations noted five areas of "loss" for the budgeted year.  I don't remember them all but it included  the unexpected costs of refunded room and board; costs of refunding tuition for some lab classes; costs of keeping some students that can't return home on campus while other areas are closed; costs of providing online courses to those students who can't afford it, including laptops; costs of flying some international students home; costs of defending suits for return of room and board; labor costs (union suits by the non-contract employees); anticipated lawyer costs by those employees who are let go; the unknown of what impact this will have on the 2024 class who hasn't shown up to campus yet.[/quote]

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