Degrees of separation: universities and covid-19
Economist Podcasts
The Economist
4.3 • 5K Ratings
🗓️ 5 May 2020
⏱️ 20 minutes
🧾️ Download transcript
Summary
Many universities were on thin ice financially before the pandemic. Now, with foreign travel slumping and distancing measures the norm, a global reckoning is coming. In many Asian countries, Ramadan seems largely untouched by pandemic-protection measures; we ask why. And the vexing question of how many people live in North Macedonia.
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Transcript
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| 0:00.0 | Hello and welcome to the Intelligence on Economist Radio. |
| 0:06.8 | I'm your host, Jason Palmer. |
| 0:09.6 | Every weekday, we provide a fresh perspective on the events shaping your world. |
| 0:17.8 | With Ramadan now underway, a pattern has become clear. |
| 0:21.6 | Muslims in Asia are celebrating the Holy Month in much the usual way, praying, fasting, and feasting together. |
| 0:29.6 | We ask why Asian leaders find it so hard to enact and enforce lockdown policies. |
| 0:36.6 | And counting a population is practically impossible without a proper census. |
| 0:41.3 | In North Macedonia, one was abandoned and one is being delayed, |
| 0:45.3 | so it's unclear whether the Balkan country has a million and a half people |
| 0:49.3 | or a third more than that. |
| 0:57.0 | First up, though. Many universities in Britain and America were already set for a difficult year. |
| 1:05.0 | Now, COVID-19 has hit finances hard. |
| 1:09.0 | Yesterday, the British government dismissed a two-billion-pound bailout |
| 1:12.4 | request from universities for research funding, offering instead to help just with tuition. |
| 1:18.3 | Across the Atlantic, the American Council on Education believes revenues in higher education |
| 1:22.8 | will decline by $23 billion over the next academic year. |
| 1:32.7 | For the one-third of American universities operating with deficits, that will make a precarious financial position dire. |
| 1:34.8 | With students sent packing and classes shifted online indefinitely, it's becoming clear that |
| 1:39.8 | not all institutions will make it through the pandemic. |
| 1:42.7 | McMurray College has a very long and colorful history. |
| 1:46.4 | Beverly Rogers is president of McMurray College in Illinois. |
| 1:49.2 | It was begun as a college where women could learn more about politics in the state and those types of things. |
... |
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