As bad as the COVID-19 lockdown has been in any number of sectors of the US economy, colleges and universities have been hit particularly hard. Restaurants and movie theaters have physical plants that continue to cost them money regardless of whether they are serving food or showing movies. Hotels have it even worse, because they are far more expensive to maintain. But colleges and universities have it worse still. Their physical plants include not only housing and dining facilities, but also recreation areas, classrooms, and expansive grounds. In addition, colleges and universities have staff that often number hundreds of times that of hotels.
Read MoreCommentary: NYU Prof Says More Than 20 Percent of Universities Could Fail Because of the Lockdowns
