Colleges Petition Congress For $120 Billion for Coronavirus Relief Bill

A coalition of U.S. colleges and universities is urging Congress to pass a new coronavirus relief bill with at least $120 billion for higher education, saying the sector faces a crisis of “almost unimaginable” scale. As the coronavirus pandemic continues, its financial impact on American colleges and universities is now estimated to substantially exceed $120 billion. That’s according to the recent letter from the American Council of Education (ACE) and dozens of other organizations representing the nation’s two- and four-year colleges. In April 2020, Congress earmarked nearly $14 billion for higher ed in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Almost all of […]