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 Aug 11, 2020 - Health

U.S. coronavirus updates

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

The U.S. plans to test around 600,000 people for the coronavirus every day in August, according to plans that states submitted to the Department of Health and Human Services.

Why it matters: That's likely a drop in testing, compared to July, and not enough to meet national demand. The Trump administration has said it's up to states to develop their own plans for diagnostic testing. Those plans, when put together, still don't present an effective mitigation strategy, at least in light of the size of today's outbreak.

Updated 5 mins ago - Health

World coronavirus updates

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

France reported more than 2,500 new COVID-19 cases in 24 hours — the largest single-day number since May. French officials said the situation was "clearly worsening," per France 24.

By the numbers: Over 745,600 people have died of the novel coronavirus globally and over 20.4 million have tested positive, per Johns Hopkins. Almost 12.7 million have recovered from the virus.

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.