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A comment on Coronavirus will end the golden age for college towns. Parent comment

Re:Coronavirus will end the golden age for college towns by chrisin2d on Monday May 18, 2020 @07:04AM (#23220881)
My alma mater, the University of Illinois, made a uniquely astute and prophetic move in 2017: it purchased a 3-year $60m policy to insure against a drop in Chinese student enrolment in case of a political or health event. They foresaw trouble and hubris from the current administration. Lo and behold...
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Re:Coronavirus will end the golden age for college towns by axxl on Monday May 18, 2020 @09:01AM (#23221761)
So, slightly more specifically it was the College of Business and College of Engineering only that did this. And since the policy expires June 1st of 2020 unless it got extended (couldn’t find any announcement that it did), I don’t know if the impact will have hit yet.
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Re:Coronavirus will end the golden age for college towns by RickJWagner on Monday May 18, 2020 @07:51AM (#23221177)
Wow. Great move for U of I, poor move on the insurance company's part.
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Re:Coronavirus will end the golden age for college towns by OldHand2018 on Monday May 18, 2020 @10:02AM (#23222411)
I'd disagree. That's exactly what an insurance company is for. If they did their underwriting correctly, both sides are fine.
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