Good seven-minute listen that summarizes what we know--and don't--about pretty much every issue discussed in this thread:
This has never been truer. I was on a Zoom parents' council meeting last night with the Senior VP of my oldest daughter's college and he described this as the biggest challenge to face higher education in modern history.
That's why the advice you might get from me and others who have been through it before is likely to be essentially useless. It will mean something different for each school. Her school is not at risk of going under, but several others are; and in any event their decision late last week to go solely remote in the fall is causing a $30M budget hole that they will have to fill by furloughing staff.
That makes this particularly valuable advice:
The only other thing I would add is to be open. These are new times and this is a sea change. It has actually made me even more appreciative of her Jesuit, liberal arts college education because I think these are the people who will be helping to create solutions for this new world. I can see it happening before my eyes and it's fascinating to watch.
As but one example, we spoke last night about her "capstone" project, which is supposed to be done senior year. It is a collaborative project that results in a published final product, which you would ostensibly showcase to potential employers as something you helped create. Once they announced going solely remote for the fall, she was reconsidering whether she should put it off until the spring so she, and the final product, could benefit from in-person collaboration. She decided to ask her advisor, who very promptly sent her back a detailed, thoughtful response, noting that much of the work would need to be done this way anyway. The more we talked about it, I was thinking of your frequent comments about the changing nature of the future workplace, with remote working being permanently much, much more common going forward. With that in mind, this experience will likely better prepare her for the work she'll actually be doing after she graduates, and she'd be able to market that aspect of it to potential employers as well--especially if she takes a leadership role in making it happen so that the virtual collaboration results in a great product.
The bottom line is we have to look for the opportunities. They are changing, but they are still there.