Hello, everyone.
When I was covering higher education earlier this summer, I asked a college president what costs get trimmed during tight financial times for the sector. He told me the lowest-hanging budgetary fruit is travel. Covid-19 was limiting travel anyway, and new tools for remote work have enabled that to continue.
Our higher-ed story today concerns the aggregate impact of those travel cutbacks. Looking ahead, I'll be interested to see what other kinds of costs colleges and universities…