Students from University of Michigan were told to leave campus in March. Photo: Gregory Shamus/Getty Images

Universities across the U.S. are predicting massive revenue losses as uncertainty looms over whether it will be safe enough for students, staff and faculty to return to campus in the fall.

Why it matters: A number of colleges will furlough and lay off workers to offset budget cuts and operating costs amid the coronavirus pandemic.

  • The losses are accumulating as students demand tuition, room and board, and other fee refunds from the spring semester, claiming online classes are a lesser value compared to in-person learning, Inside Higher Ed reports.

What's happening: An estimated 14 million students were sent home this semester, CNBC reports, putting faculty and other jobs on the chopping block to help offset losses.

  • University of Arizona announced furloughs and pay cuts for nearly all of its employees this week after the institution projected a $250 million loss, the Arizona Daily Star reports. The university said it has already experienced $66 million in losses.
  • University of Michigan said in a letter from the president that the school could face revenue losses as large as $1 billion by the end of the calendar year.
  • Washington University in St. Louis will furlough 1,300 employees for 90 days, NBC affiliate KSDK reports.
  • University of Missouri is anticipating a 12.5% budget cut on its Columbia campus, with upcoming layoffs and furloughs likely, the Columbia Tribune reports.
  • Valparaiso University in Indiana announced it will furlough 200 full-time and part-time employees, the Times of Northwest Indiana reports.

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Updated Oct 16, 2020 - Health

U.S. coronavirus updates

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Data: The COVID Tracking Project; Note: Does not include probable deaths from New York City; Map: Andrew Witherspoon/Axios

The U.S. surpassed 8 million coronavirus cases on Friday, per Johns Hopkins data.

The big picture: Coronavirus infections jumped by almost 17% over the past week as the number of new cases across the country increased in 38 states and Washington, D.C., according to a seven-day average tracked by Axios.

Updated Oct 7, 2020 - Health

World coronavirus updates

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Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

New Zealand now has active no coronavirus cases in the community after the final six people linked to the Auckland cluster recovered, the country's Health Ministry confirmed in an email Wednesday.

The big picture: The country's second outbreak won't officially be declared closed until there have been "no new cases for two incubation periods," the ministry said. Auckland will join the rest of NZ in enjoying no domestic restrictions from late Wednesday, Prime Minister Jacinda Ardern said, declaring that NZ had "beat the virus again."

Jul 29, 2020 - Health

Florida reports record 216 COVID-19 deaths

Photo: Marco Bello/Anadolu Agency via Getty Images

Florida on Wednesday reported 216 coronavirus-related deaths over a 24-hour stretch — a new record for the state.

Why it matters: Florida also reported a record number of fatalities on Tuesday, per Reuters. The state's death toll is over 6,300, with more than 451,000 confirmed coronavirus cases, according to the Florida Department of Health. Florida has the second-most coronavirus cases in the U.S.