Shiloh
Editor, Senior Moderator
Source: https://www.thestar.com/news/gta/20...ts-on-canadian-universities-and-colleges.html
Report details COVID’s devastating financial effects on Canadian universities and colleges
By Maria Sarrouh Staff Reporter
Thu., Aug. 19, 2021
In addition to cancelling orientation weeks, campus club activities, and forcing students and teachers to resort to online learning platforms, the pandemic has taken a huge financial toll on Ontario universities and colleges.
A Statistics Canada report is projecting a significant drop in admissions, both domestic and international, which could translate into a $1.7 billion shortfall for Ontario’s post-secondary institutions in the 2020-21 year — the largest loss in Canada. Nationwide, the damage could total $2.5 billion.
The research paper published Wednesday studied the financial impact of COVID-19 on universities nationwide. It outlines four different scenarios for post-secondary institutions, based on three factors: a decline in international student enrolment, variations in domestic student registration, and government funding...
Report details COVID’s devastating financial effects on Canadian universities and colleges
By Maria Sarrouh Staff Reporter
Thu., Aug. 19, 2021
In addition to cancelling orientation weeks, campus club activities, and forcing students and teachers to resort to online learning platforms, the pandemic has taken a huge financial toll on Ontario universities and colleges.
A Statistics Canada report is projecting a significant drop in admissions, both domestic and international, which could translate into a $1.7 billion shortfall for Ontario’s post-secondary institutions in the 2020-21 year — the largest loss in Canada. Nationwide, the damage could total $2.5 billion.
The research paper published Wednesday studied the financial impact of COVID-19 on universities nationwide. It outlines four different scenarios for post-secondary institutions, based on three factors: a decline in international student enrolment, variations in domestic student registration, and government funding...