
Beginning the ‘long climb’ toward economic and social stability
Nonprofits were among the most visible organizations to shift strategies and processes to both endure the pandemic and support those suffering through job and other losses. By April, many colleges and universities began seeing decreases in fall enrollment—16 percent around the country—and drops in residence hall renewals. Consequently, they initiated layoffs and other budget cuts to help stave off hundreds of millions of dollars in predicted losses while also trying to mitigate the financial pain many students were experiencing. Yet, Wayne State University is bucking the trend and has seen increases in some enrollment figures. “We actually had a 5 percent increase in our first-year students,” said university President M. Roy Wilson, M.D., a trained epidemiologist. The university also hasn’t taken the financial losses most universities have so far experienced this year because of shifting strategies a few years ago that included turning to a public-private partnership for housing and food services, Wilson said. Still, with decreased consumer spending in 2020, property taxes left unpaid or deferred, high rates of unemployment and other hits to state budgets, college and university administrators expect state and federal budget cuts to affect their bottom lines in the near term. “We’ve been fortunate, but we are going to be impacted financially,” Wilson said. Wilson added that there’s also the issue of children missing out on the social and educational development they get from in-person learning. “As an epidemiologist, I’m worried about the pandemic and think we have to be very cautious,” he said. “So, I just urge everyone to think in terms of being as aggressive as we can be in driving the numbers down so that we can open up schools earlier.”