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There has been no shortage of dire predictions and lamentations over the negative impact the pandemic has had on higher education. There is no denying that student enrollment, graduation, and mobility were disrupted last year.

"If there is any leader who thinks we are going back to where we were a year ago, they are kidding themselves."Terri E. Givers, Chief Executive Officer of the Center for Higher Education

There has been no shortage of dire predictions about the state of future international student enrollment in the U.S. Several international deans and recruiters, myself included, predicted that the impact of the pandemic would only exacerbate what had been declining international student enrollment for several years.

It will take some time before we can completely unpack the long‐term impact of COVID‐19 on higher education, but what is clear is that the pandemic accelerated several trends that were already taking place in higher education.

"My impression is that the day is not very far distant when they will make the most rapid strides toward modern civilization and become dangerous rivals to all powers interested in the trade of the East."— President Ulysses S. Grant, on visiting Shanghai in 1879

Higher education administrators expect constant change. Being aware of trends can help you prepare to address them effectively.

By the time this article is published and read, vaccines and therapeutic remedies should have become available to alleviate the worst of the pandemic. But while scientists have been successful in finding a cure for this virus, there is no vaccination for the economic, political, and societal upheaval caused by COVID‐19.

For the past several months, the higher education community in the United States has been dealing with the impact and upheaval caused by the pandemic. But prior to the outbreak of the virus, higher education faced challenges that seem to be accelerating due to the impacts of COVID‐19.

Before calculating the impact of COVID‐19 on higher education, it is necessary to understand how the virus has impacted the financial stability of countries worldwide. The economies of many countries have been shattered by the pandemic, and, by extension, the economic challenges will impact families' ability to finance their children's higher education choices in the future.

No one knows, with certainty, what colleges and universities will "look like" after the chaos and confusion of COVID‐19 are no longer a part of our daily lives.

Anyone working in higher education today knows international recruiting and admissions have changed, and in all likelihood will be changed forever.

Last year, Chinese President Xi Jinping warned his Communist Party comrades to be prepared for unforeseen incidents (black swans) and uncontrollable rampages (gray rhinos) in the year to come.

Higher education, both domestically and internationally, has been disrupted. Forecasts for the long‐shadow implications of COVID‐19 range from a six‐month to a five‐year disruption. Forecasts predict anywhere from a 15 to 25% decline in enrollment, depending on the part of the world. This virus has put the spotlight on antiquated financial models, rigid admission and registration procedures, and dismal student progression and graduation rates.

'Dates of destiny are always on time.'— Anonymous'I hate quotations. Tell me what you know.'— Ralph Waldo Emerson

The Random House Dictionary of the English Language defines residual as "that which remains."