[2006alum]

The university is budgeting for a $620 million shortfall in revenue for the coming year relative to what had been previously expected.  It is withdrawing an extra $150 million from the endowment to help cover the deficit in addition to imposing expense reductions.  That is an annual number that dwarfs the $25 million or $50 million deficit the athletic department will rack up.

Out of curiosity, does anyone know how much of this revenue deficit is the result of increased expenses (i.e., extra sanitation measures and efforts to distribute dining hall food, etc., in a safe way) versus decreased revenue (i.e., reduced distributions from TV and media rights deals, possible loss of all football attendance revenue, less tuition from fewer enrolled students, fewer anticipated federal grants, etc.)

If Stanford really does plan on having all students pay full tuition for the ordinary three quarters, and but halves the number housed on campus, I am struggling to see how the revenue deficit could be so severe unless they think football ain't happening and are planning accordingly. And frankly, if they are operating on that assumption from a budgeting perspective, that alone is newsworthy.

Can someone help me out here on what I'm struggling to understand re: the deficit?

[2006alum]

The university is budgeting for a $620 million shortfall in revenue for the coming year relative to what had been previously expected.  It is withdrawing an extra $150 million from the endowment to help cover the deficit in addition to imposing expense reductions.  That is an annual number that dwarfs the $25 million or $50 million deficit the athletic department will rack up.

Out of curiosity, does anyone know how much of this revenue deficit is the result of increased expenses (i.e., extra sanitation measures and efforts to distribute dining hall food, etc., in a safe way) versus decreased revenue (i.e., reduced distributions from TV and media rights deals, possible loss of all football attendance revenue, less tuition from fewer enrolled students, fewer anticipated federal grants, etc.)

If Stanford really does plan on having all students pay full tuition for the ordinary three quarters, and but halves the number housed on campus, I am struggling to see how the revenue deficit could be so severe unless they think football ain't happening and are planning accordingly. And frankly, if they are operating on that assumption from a budgeting perspective, that alone is newsworthy.

Can someone help me out here on what I'm struggling to understand re: the deficit?