An Overview of Federal Higher Education Relief

Apr 28, 2020 - By August, campuses already will have set their course schedules for the fall aca demic term (if not begun classes) and staffed accordingly. The less notice campuses receive, the less likely they will be to accommodate programmatic cuts in 2019 ‑20 and 2020 ‑21, and the more likely they are to reduce, if not deplete, their reserves.
https://lao.ca.gov/Publications/Report/4225

California Community Colleges—Managing Cash in a Time of State Payment Deferrals

Dec 18, 2020 - The state began using payment deferrals during the dot ‑com bust but relied much more heavily on them during the Great Recession. The practice of deferring college payments peaked in 2011 ‑12, when the state deferred a total of $ 961  m illion in CCC payments —accounting for nearly 30  p ercent of CCC Proposition  98 General Fund support.
https://lao.ca.gov/Publications/Report/4307