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Pandemic Impact

Schools
CT Colleges Face Large Cuts To Services, Price Hikes As Funding Disappears CT Colleges Face Large Cuts To Services, Price Hikes As Funding Disappears
CT Colleges Face Large Cuts To Services, Price Hikes As Funding Disappears Colleges and regional universities across Connecticut are expecting a $140 million deficit next year now that pandemic-era funds are drying up, the CT Mirror reports. The Board of Regents of Higher Education, an organization that oversees that state's 12 community colleges, state universities, and the online Charter Oak College, said the cuts by state lawmakers tightening their budgets along with the loss of federal funding is equal to 11 percent of the entire state system budget, the outlet said. The University of Connecticut in Storrs and its satellite campuses are planning for a $70 mill…

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by Kathy Reakes
Business
COVID-19: Popular Market In Fairfield County To Close After Half-Century In Business COVID-19: Popular Market In Fairfield County To Close After Half-Century In Business
Covid-19: Popular Market In Fairfield County To Close After Half-Century In Business A Fairfield County staple for nearly 50 years will be forced to shut its doors due to financial hardships brought on by the COVID-19 pandemic. Owner Jim Magee of Peter’s Weston Market announced on Wednesday, Jan. 27 that the popular market, which had been struggling financially before the pandemic, will have to close its doors for good after a last-ditch fundraising effort failed. Magee said that over the last five years, sales have declined 10 percent annually, though expenses have increased. The financial struggles were then compounded by the pandemic, which limited in-store sales and hur…

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by Zak Failla