Man. I worry for the small budget schools. Many won’t make it through the night.https://twitter.com/StanfordDaily/status/1277710399861927936 …
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hi hello, you rang? I work with 7 small budget nonprofits in the Bay Area. This means their budget is in the $20-50m range, with an endowment under $100m, and usually closer to $20m. It's bad. SFAI is already closed. They laid off the entire faculty and most of the staff.
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Notre Dame de Namur in Belmont may limp along for another with maybe 1/4-1/3 of the enrollment of last year. We're working through layoffs now. Mills College is projecting a ~$16m operating deficit on a $50m budget. Most schools are budgeting for a 8-15% drop in tuition revenue.
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