| New college grad job outlook is more competition and lower pay | | |  | WED, APR 29, 2020 | | | | The coronavirus has turned higher education on its head.
Colleges around the country have shut down and moved teaching online, and no one knows when it will be safe to reopen and resume normal operations. Recruitment for the coming academic year is in question. Several colleges froze hiring, and faculty, staff and administrators across the board are concerned about budget cuts. The economic effects of the pandemic are likely to lead to a significant dip in enrollment.
This pandemic has left many universities uncertain whether they'll be able to welcome students to campus after summer, and many students don't want to pay for top-flight universities if they can't get the full in-person experience.
It will likely be a while before the long-term impact can be fully assessed. But in the short term, colleges and universities are evaluating a range of options with regard to the coming academic year, which will depend on both health and public safety policy considerations.
We all know that higher education is absolutely crucial. It provides the foundation for so much that we rely on in society. And that means not only advancing society in terms of technology, culture and science, but also providing opportunities for young people to develop a better life and more opportunities for themselves.
With the future uncertain, many high school students are considering skipping college in the fall. Some will decide to drop their first-choice schools in favor of colleges that are cheaper and closer to home. Other young people are thinking about going part-time, or taking a gap year so they can work and bail out families whose parents are suddenly out of work.
The effects of decisions like these could ripple across the U.S. for years to come. Young people could be stuck in lower-paying jobs for the rest of their lives, lacking the financial boost brought by a four-year college degree.
No matter where any of us stand on the issue, one thing is evident: Higher education (worldwide) will never be the same.
Stay safe everyone and wash those hands!
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