Corona Capital: College mergers, UK property funds

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Corona Capital: College mergers, UK property funds
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Catch up on the pandemic’s corporate and financial fallout, including M&A in U.S. higher education and Britain’s financial watchdog’s cleanup of property funds.

Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.College football may be on the fritz, but higher-education institutions are kicking off deal season. The University of ArizonaAshford University, an online college with 35,000 students.

As the Covid-19 pandemic levels the college experience, university finances are coming under pressure. Many students are starting the school year fully online, and with that come demands for tuition refunds.. Cost savings will help, like using a single professor to teach a virtual lecture hall of 5,000 undergraduates via Zoom rather than 250 in person. Universities could also charge up for extra perks, like in-person small groups and office hours.

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