SU DOG wrote:The Citadel announced yesterday that they will open up the school in August.
A lot of schools have announced that intention, Samford being one of them. Just keep in mind that alot of schools have deposits due in May for the next year, so I'd be "planning" on that too. I think the much more important question is how many kids show up? Your talking about record unemployment, lots of folks who are still working have had their income negatively impacted, and a public health question. You will see a reduction in enrollment, especially in room/board enrollment.
Also, based on Samford's annual report, their net assets have decreased 17% ($59,563,728) in the period from July 1, 2014 to June 30th, 2019. Most of that loss is attributed to a legacy pension program. But, still it's a loss none the less. Since they had to give back over 6m in Spring 2020 fees and the market just got kicked in the teeth, I can't imagine the year ending June 30 2020 will be much better. The university already made the decision a few years back not to increase it's contribution to athletics.
I have no idea what will be done, and I hope to see very little changes. But, given the landscape, I am dropping any preconceived notion I have. It's a challenging time. I don't envy the decision makers.