Innovating to Mitigate Adverse Financial Implications of COVID-19’s Effects on Higher Education

Abstract

The COVID-19 global pandemic has changed the educational landscape for the foreseeable future. The marked public health, economic and societal challenges stemming from the virus’ spread has resulted in substantial strains to the financial and educational frameworks in the United States. 

As the fall 2020 semester approaches, a vaccine will likely not be available before the beginning of the term. As such, universities will need to ensure that safe health policy measures are in place while simultaneously continuing to be keenly aware of the likely financial hardships at hand. To mitigate financial harm while achieving the tall order of community public health stewardship, novel innovations to efficiently allocate resources both on and off of campuses are imperative.