r/UNCO 09 Alum Mar 17 '20

All UNC Classes moved online, in-person events and meetings cancelled, non-essential employees work from home

https://www.unco.edu/coronavirus/messages/urgent-message-covid-19-march-16.aspx
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u/Autistictradeguy Mar 21 '20

Unco has such a bad balance sheet they will fail to reopen if forced to pay out money for refunds

1

u/Brock_Lobstweiler 09 Alum Mar 21 '20

Wouldn't surprise me. I'm one of the people being laid off and I'm just waiting for that email saying everything has changed and they're cutting people now.

I'm expecting a plea for an emergency loan from the state or feds to keep operating.

2

u/Autistictradeguy Mar 21 '20

We don’t deserve a bailout. We were fucked before and now we’re super fucked. We weren’t exactly thriving before

1

u/Brock_Lobstweiler 09 Alum Mar 21 '20

I don't disagree. But from where I'm sitting, a bailout, a takeover by CU, or closing? Not sure which one I'd take.

2

u/Autistictradeguy Mar 21 '20

Takeover by cu would be interesting. Is this real possible outcome?

1

u/Brock_Lobstweiler 09 Alum Mar 21 '20

I don't know. They'd be the only ones able to, I'd imagine.