College presidents reveal the challenges they faced pre-COVID-19, which may only be compounded by the pandemic. https://insights.collegeconfidential.com/colleges-pre-pandemic-problems-now-magnified
It sounds like some colleges had problems recovering from the 2008 recession. Enrollment declined, some families are asking for more aid, and others are questioning the value they’re getting for the high tuition they’re expected to pay. I can understand how Covid could exacerbate those issues.