Wisconsin private colleges and universities estimate they’ll lose $245 million in revenues this year due to the COVID-19 pandemic, according to Wisconsin Association of Independent Colleges and Universities data.
The losses include money from canceled events, refunds for room and board, and potential declines in enrollment for the 2020-2021 school year. Because private colleges and universities don’t get state taxpayer support, any declines in enrollment could have big impacts for the institutions.
