On April 21, 2020, Urbana University became the first college in Ohio to close down for good due to financial pressure brought about by the Wuhan virus.
Urbana University has a long history of financial woes and declining enrollment. In 2014, Franklin University, a private non-profit university in Columbus, bought the liberal arts college.
Since the acquisition, Urbana has served as a “branch campus” for Franklin.
Approximately 75 percent of Urban’s 1,254 students do not attend classes on the school’s physical campus and will then proceed to take online classes at Franklin. The remaining 25 percent are residential and commuter students who take online classes. Those students will have the opportunity to complete their programs online through Franklin University, or transfer to other institutions.
According to an announcement from the university’s website, 111 full-time employees have been impacted by this decision. Some of the employees will have employment offers at Franklin. Employees who don’t transfer to Franklin will be offered severance packages.
The Wuhan virus pandemic pushed colleges to close physical campuses in March. Students were then required to take classes online for the rest of the semester. Although Ohio has plans of slowly re-opening businesses after May 1, it’s still up in the air if the pandemic will keep colleges and K-12 schools closed during the fall semester.
The uncertainty in both enrolment numbers and the potential loss of housing money could pose major threats to colleges. Elected officials allocated $14 billion in federal stimulus towards higher education, according to a report from Inside Higher Ed.
“Our highest priority is to ensure students experience a seamless transition of their academic studies and that our branch campus employees have the resources to make their transition as well,” declared Franklin University President David Decker in the announcement. “As institutions of higher education across the country struggle to identify ways to stay open, we will do all we can to help students identify the best alternative forward to fulfill their education goals in an affordable manner.”
Globalist Oligarch George Soros Drops $50 Million Into 2020 Election
The Free Beacon reported that George Soros has pitched in $50 million to Democrats’ PACs and campaigns in the 2020 election cycle.
These contributions represent a record amount of financial support for the billionaire oligarch.
In the 2020 cycle, Soros stepped up his political spending through the Democracy PAC, which he established in 2019 to dump large sums of money into other leftist organizations.
According to new filings to the Federal Election Commission, the PAC donated nearly $17 million last quarter, which brought its total spending for this cycle to $48 million. Soros donated $4 million directly to Democrat campaigns and committees without first funneling the money into his PAC.
The $52 million cash injection is over twice the amount that Soros donated in the 2016 presidential election cycle — $22 million.
Ironically enough, Democrat candidates who have benefited from Soros’ generous candidates have lamented about the influence of money in politics. According to Joe Biden’s government reform plan, he vows to “reduce the corrupting influence of money in politics.” Biden’s website says, “We could improve our politics overnight if we flushed big money from the system and had public financing of our elections…. Democracy works best when a big bank account or a large donor list are not prerequisites for office.”
The Right has criticized Democrat hypocrisy regarded money in politics, while many Democrats still receive Soros money. “While Democrats across the country sanctimoniously rail against the influence of dark money in politics, their party’s largest donors are bankrolling a massive web of liberal organizations to get them elected,” a GOP operative said to the Washington Free Beacon early in July. “George Soros’s unprecedented spending further highlights just how dependent Democrats are on contributions from billionaires, despite their hypocritical rhetoric.”
Soros pitched in $500,000 to the Biden Victory Fund, which has already pulled in $83 million for this cycle.
In 2020, Soros is starting to become sneakier with his electoral spending Previously, he donated to groups directly under his name. Now, he is transferring tens of millions from the Fund for Policy Reform, a nonprofit with a budget of $750 within his vast Open Society Foundation network, into Democracy PAC. From there, the PAC donates it to other Democrat PACs and committees.
Soros views this election cycle as a crucial moment in American history. During a speech at the World Economic Forum earlier this year, the octogenarian billionaire declared that the “fate of the world” is at stake and called Trump a “con man” and “authoritarian” who is “willing to sacrifice the national interests for his personal interests.”
Soros is one of the most prolific globalist oligarchs in the world. His support comes in handy for the Left, which is constantly in need of funds to promote their identity politics causes and other projects such as radical gun control.
This will not be the last time we will hear about Soros.
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