Opinion: Let’s fix college first, before rushing to reopen campuses
Every May 1, millions of students and their families celebrate “National Decision Day” by submitting final college and university decisions. I still remember that overwhelming feeling of possibility nearly two decades later.
But this year was different. As colleges have crafted carefully nuanced notes of optimism about reopening campuses in the fall, they have shifted the burden entirely on students to weigh highly uncertain disease risks for an on-campus college experience that may not even happen. Add to that taking on tens of thousands of dollars of debt amid Great Depression-level unemployment, and it’s no wonder that at least one in six college students are abandoning plans to enroll altogether.
That’s why it’s been bewildering to see university presidents such as Brown University’s Christine Paxson proclaim reopening college campuses is a national priority and that every student and their family must bear that risk. We now have clear indications that travel, large gatherings, and high population density all dramatically accelerate the spread of COVID-19. Pushing to reopen college campuses seems tone-deaf at best, and catastrophically self-serving at worst.
So how did we get here? Before considering reopening campuses, we have to question whether reviving a near-trillion-dollar national enterprise where tuition increases eight times faster than wage growth, yet 43% of students graduate underemployed while shouldering $1.7 trillion dollars of debt should actually be a national priority.
Pushing to reopen college campuses seems tone-deaf at best, and catastrophically self-serving at worst.”
For 10 years before COVID-19, colleges ramped spending by 37%, despite states cutting budgets. This included dramatic increases in nonteaching costs such as administrators, researchers, and shiny facilities to help bolster rankings that attract more full-paying students from out-of-state and abroad.
Colleges have funded deficits by passing the bill directly to students. In fact, college is now unaffordable to virtually every student. Currently, 85% of students get some form of financial aid, and 70% of students graduate with average debt approaching $30,000.
For all that spending, tuition, and debt, only 60% of students graduate, 36% of graduates with debt say college isn’t worth it, and over 25% earn the same or less as those with a high school degree.
COVID-19 is exposing the house of cards
As the pandemic ravages state budgets, colleges may see funding shortfalls even larger than the 25% cuts they experienced in 2008. Many face potentially catastrophic enrollment uncertainty, risks to multiple revenue streams, and material erosion on balance sheets. These factors have led Moody’s to downgrade the entire sector and Bob Zemsky, University of Pennsylvania professor and coauthor of The College Stress Test, to predict that at least 20% of colleges (i.e. 1,200 of the 6,600+ American colleges) now face severe market risk.
Unless you are in the 2% of institutions that hold 74% of endowment funds, COVID-19 will force a long-overdue reorganization of the higher education cost structure tied to physical campuses, especially for smaller colleges serving low-income students. Paxson’s fear that “higher education will crumble” does not seem far-fetched.
So, why isn’t reopening college campuses the solution?
For one, while large and wealthy institutions such as Paxson’s can afford her proposal of “test, trace, and separate,” it’s hard to imagine cash-strapped colleges financing high-volume medical testing, PPE, and increased housing, dining, and hospital capacity—not to mention hazard pay and quarantine leave for essential workers.
Even if we fund those measures, it’s even harder to imagine students incurring crippling debt to participate in “virtual social activities replacing parties” and stadium lectures. Paul LeBlanc, president of Southern New Hampshire University, which has over 130,000 online students, said it best. “If you were to design a place to make sure that everyone gets the virus, it would look like a nursing home or a campus.”
What Now? College After COVID-19
Rather than anchor to idyllic quadrangles, colleges must embrace digital learning. This means bold and necessary evolutions to their business models and curriculums that genuinely serve students’ immediate and long-term well-being.
Here are nine ways we can start fixing America’s broken higher education system together:
Shaan Hathiramani is the founder and CEO of Flockjay, an online sales academy for job seekers from nontraditional and underrepresented backgrounds.
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