Today's HD says MU is $8.5 million in the hole so far... Don't be shocked if we dont do something similar.
But Gilbert says the school is on solid financial footing - as good as any in the state.
I guess they are increasing the athletic fee by $50 - that goes to the AD.
Be interesting to see what we do 2-3 months from now. Agree, we’ll likely see cuts somewhere.
Small colleges are going to have to get creative to keep the doors open, or close, especially if the COVID lasts into next fall.
Yeah, it sucks to lose 10 days pay, but at the $700K/year level, its really nothing life changing. Losing 4 days pay at the $40K level sucks a little more.
I'm sure Gilbert isn't wrong, and we do have the prettiest car in the demolition derby right now... Being $8.5 million down hurts MU, but not as bad as what many of the smaller schools are going to see. Small colleges are going to have to get creative to keep the doors open, or close, especially if the COVID lasts into next fall.
Yesterday, Urbana University in Ohio announced they were closing the doors for good. D2 school.
It has operated as a branch campus for Franklin University since 2014. It has struggled financially for years and this COVID - 19 crisis just pushed it over the edgeIt's not as drastic as it appears. Urbana has about 1200 "students," but about 900 of those students are high schoolers "enrolled" to earn college credits while still in high school, inmates in a program at a local jail, and a post-Baccalaureate program.
There are only a little over 300 students who were on-campus there for classes even when it was open.
my son went to soccer camp at UrbanaYep. When I played college soccer Urbana was in our conference and they had like 500 students on campus and that was 18 years ago. Football was a hail mary to get students on campus.