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COVID-19 hits college finances

April 9, 2020

MIDDLEBURY — Middlebury College estimates that it will lose millions of dollars in revenue this fiscal year because of COVID-19, but college officials say they’re committed to maintaining staff “wage continuity” over the next few months. “Middlebury will continue to maintain wages for all benefits-eligible employees through June 30, 2020, regardless of an employee’s accrued Combined Time Off and Sick Leave Reserve,” wrote Executive Vice President for Finance and Administration David Provost in an April 7 an … (read more)

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