Coronavirus Tests Role of Higher Education as Recession Buffer

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In past recessions, the U.S. higher education system has served as a buffer of sorts by absorbing unemployed workers. The coronavirus could make it harder for colleges to play a similar role this time around.

In past recessions, the U.S. higher education system has served as a buffer of sorts by absorbing unemployed workers. The peculiarities of the coronavirus-induced recession present obstacles to colleges playing a similar role this time around, some economists say.

For one, it is unclear how many colleges and universities will reopen or to what extent, or how many people will decide to enroll. Many laid-off workers might lack access to high-speed internet to take online courses. It is also unclear how long unemployment will...

 

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*by absorbing unemployable workers. That’s what it should say because these gender fools, Marxist fetishists, and professional crybabies could never find work in the private sector.

They already are trained Marxists.

These colleges have raised their tuition to a unacceptable level. They can't sell the on campus experience now. The refuge for the unemployed. Just take out massive student loans. Now they are trying to get all classes online so they can milk dollars from foreigners. Greed.

The higher education system is a money making scam that is for the most part crippling gullable youngsters in debt with no skills people will pay them for. My hope is the house of cards finally comes down - you can learn useful skills online for free or much cheaper.

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