COVID-19 Disrupts U.S. Higher Education Industry Reimagining the Future
DOI:
https://doi.org/10.33423/jhetp.v21i6.4382Keywords:
higher education, governance, endowments, revenue model, administrative bloat, global student mobilityAbstract
As people and businesses around the world enter the new year, businesses, economists, policy makers and risk management specialists begin to develop a list of existing and new sources of global risks. Ringing in “Year 2020” was no different. But the possibility that, COVID-19 would turn into global pandemic did not make the list. The World Health Organization (WHO) labeled the new virus a pandemic in the beginning of year 2020. China recognized this highly contagious and dangerous virus in December 2019. As we welcomed year 2020, the coronavirus crisis (COVID-19) began to upend the economies, industries as well as the lives of people around the world. Using secondary research sources, I will present the challenges that HEI will face in years to come in the aftermath of COVID-19.
