(CBS DETROIT) – Michigan State University says it is facing a $54 million decline in revenue.
This comes as the school’s enrollment is down roughly two percent amid the pandemic.READ MORE: Fourth Stimulus Check: Is Another Relief Payment Coming?
MSU’s president says out-of-state and international enrollment was specifically affected.READ MORE: Wayne County Prosecutor Charges 7 Juveniles With School Threats
And the smaller incoming freshman class will impact the school for the next four years.MORE NEWS: Third Party To Investigate Oxford High School's Actions Leading Up To Shooting
© 2020 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.