Classic Market Failure
Colleges Are Fueling the Pandemic in a Classic Market Failure: colleges face an existential crisis without the revenue from students on campus (room and board fees, event fees, tuition in some cases). Two economists argue that Government intervention would be helpful.
What do you think about this in general?
And, specifically, do you think our University was right in closing the campus and offering remote classes only? If so, why?
https://urldefense.com/v3/__https://www.nytimes.com/2020/10/08/business/colleges-pandemic-market-failure.html?smid=em-share__;!!MLMg-p0Z!XdwiLXUBspOLNxSJC46MIZR-SWH1YpjnEGmZuNwFnl5UN-qPFpGJUQ8nPSwyy0c$
