As the coronavirus pandemic has decimated large swaths of the economy, higher education has been hit particularly hard. Many colleges and universities were already experiencing shaky finances before COVID. Sixty percent of schools missed their fall 2019 enrollment goals according to a February 2020 Chronicle of Higher Education story. Changing demographics and drops in international enrollment are cited as primary contributors. There’s been a significant drop in the U.S. birthrate, leading to projected enrollment declines for the foreseeable future. New government policies limited the number of international students who generally pay full tuition prices.