“I’m not saying it’s going to happen, but that’s my worse fear,” he said.
At the beginning of each semester, Moravec noted, SUNY Plattsburgh draws down about $15 million in federal aid that is applied to students’ bills for tuition and fees.
That money, in turn, is used to pay the college’s bills — among them employee salaries.
In addition, Moravec said, SUNY Plattsburgh gives out nearly $8 million in refunds to students each semester that they often use to pay rent and feed themselves at local establishments.
So if that money weren’t available, he noted, “that could impact the local economy a little bit.”
Still, Moravec said, that’s a worst-case scenario.
News Editor Suzanne Moore contributed to this report.