What if Colleges Do Not Reopen Until 2021

In this episode Feliciano School of Business professor in the Department of Economics, Dr. David Axelrod, shares his insights and opinions on the question “What if Colleges Do Not Reopen Until 2021”.  This interview was taped on May 1, 2020.
 
 Dr. Axelrod discusses several questions related to this topic, including the following:

• Short and long-term effects students can expect to see if colleges do not reopen until 2021
• Changes students can expect to see in tuition, room and board rates
• How will colleges manage costs, such as student government fees, that students will not be receiving while online
• Prediction in college enrollment as a result of campus closures
• Possible government subsidies of college education

Dr. Axelrod received his Ph.D. in Economics from Rutgers University in 1990, with the dissertation Three Essays on Latency in Economics and Decision Making. He has taught at Montclair State University as an adjunct professor since 2013. Previously, he worked in finance for twenty years as an economist, consultant and actuarial analyst, including positions with Falcon Management, Volvo Finance, and Crum & Forster. He has also produced research in health economics, and the nature of choice and well-being. Dr. Axelrod provides holonomic consultation and workshops. He plays electric bass and has released over a dozen albums of original music.