But how many got to the end of the semester in a healthy financial condition? Many colleges enrolled significantly fewer students than they would have in a typical year, cutting into tuition revenue at a time when higher education was already desperate to attract bodies. And although getting to the end of the semester prevented institutions from having to issue refunds on room-and-board fees, occupancy was down in residence halls across the country. And then there were the financial hits from canceling fall athletics, buying personal protective equipment for faculty and staff members, and retrofitting buildings for spread-out classes.
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