Students still stuck in leases despite switch to virtual learning

Students still stuck in leases despite switch to virtual learning

OF THEM WILL BE RECEIVINGHOUSING REFUNDS.

WMAR-2 NEWSMALLORY SOFASTAII KNOWS MANYFAMILIES NEED THIS MONEY TOREBOUND.

SHE TAKES US INTO THEDISPUTE HAPPENING AT CAMPUSESACROSS THE STATE.STUDENTS ARE FINDING OUT THATEVEN THOUGH THEY LIVEON-CAMPUSBE OWNED BY AN OUTSIDE COMPANY... AND AT THIS TIME -- THATCOMPANY IS NOT LETTINGSTUDENTS OUT OF THEIR LEASES.BRIAN PAYNE ALREADY HADRESERVATIONS SENDING HIS SONTO TOWSON UNIVERSITY IN THEFALL.

HIS FEARS WERE CONFIRMEDLAST WEEK ..

WHEN 55 PEOPLETESTED POSITIVE FOR COVID-19.IN RESPONSE -- THEUNIVERSITY'S PRESIDENTSWITCHED THE FALL SEMESTER TOCOMPLETELY REMOTE ..

WRITINGALL“REFUNDS WILL BE PROMPTLYISSUED TO RESIDENTIAL STUDENTSWHO HAVE ALREADY PAID FORHOUSING.." HOWEVER ..

THATDOESNBrian Payne: 4:02 theydoing right by the one groupof students at the residencesTowson owns and manages,obviously and then you havethis other group of studentsbasically left on an islandBRIAN..

1 OF 3 BUILDINGS OWNED BYTHE MARYLAND ECONOMICDEVELOPMENT CORPORATION ..MEDCO HAS SAID THEY CANRELEASE STUDENTS FROM THEIRLEASES DUE TO ITS OBLIGATIONSTO BOND HOLDERS, VENDORS, ANDOTHER ENTITIES.

BP: 8:27 Thebuildings are right next toeach other so i donhow itthe president of towson cansay the campus isnstudents, faculty, andstudents have to be out ofhere by september 4th buttheyabout a portion of them :17MEANWHILE STUDENTS AT MEDCOPROPERTIES WILL NEED TO KEEPPAYING THOUSANDS OF DOLLARS INRENT.

THE DECISION ALSOIMPACTING FAMILIES WITHSTUDENTS AT 6 OTHER SCHOOLSWITHIN THE UNIVERSITY SYSTEMOF MARYLAND WHERE MEDCO'SPROPERTIES MAKEUP ROUGHL67-HUNDRED BEDS ACCORDING TOTHE MEDCO EXECUTIVE DIRECTOR &“all of the facilities areopen.

Move in has been ongoingeven with campuses conductingall or partial on linelearning” State Senator JimRosapepe, (D) Prince Georges &Anne Arundel Counties: :55 itdoesnpublic health point of view.:02 SENATOR JIM ROSAPEPEBECAME AWARE OF THE SITUATIONAFTER HEARING FROMCONSTITUENTS STUCK IN LEASESAT THE UNIVERISTY OF MARYLANDCOLLEGE PARK.

JR: 4:01 thereno answer that keep everybodywhole.

Either the students andthe parents lose or theuniversity loses or thelenders to MEDCO could lose,given the state of theeconomy, a lot of people aresuffering and it probablyisnburden on one of the players:2* HECOMPROMISE ..

AND HAS ASKETHE GOVERNOR TO INTERVENE JR:7:54 he does appoint themembers of the MEDCO board, hedoes appoint the regents ofthe university system, and hedoes control the budget rightnow because legislature isnin session so heplayer in terms of thegovernment :17 UNTIL THEN ..THERE SEEMS TO BE A STALEMATE.PARENTS HOLDING ON OUT PAYING..

AND MEDCO NOT WILLING TOTAKE THE LOSS.

A SPOKESPERSONSAID GOVERNOR HOGAN HASREPEATEDLY URGED BOTH THEUNIVERSITY AND MEDCO TO REACHA WORKABLE SOLUTION TO HELPTHESE STUDENTS.

IN 2 WEEKSTHERE WILL BE A JOINT HEARINGON HOW MARYLAND COLLEGES ANDUNIVERSITIES ARE HANDLING THEFALL SEMESTER.

SENATORROSAPEPE SAID THIS ISSUE WILLBE BROUGHT UP FOR DISCUSSION.FOR NOW -- MANY OF THESTUDENTS AND PARENTS HAVEMOBILIZED AND ARE CONSIDERINGTAKING LEGAL ACTIONAND WE JUST RECEIVED THISSTATEMENT FROM TOWSOUNIVERSITY... "THE GROUNDLEASE WITH MEDCO DOES*NOTPROVIDE MEANS WHEREBY THEUNIVERSITY CAN COMPEL MEDCO TOALIGN WITH TUDENSIFY THE RESIDENCE HALLS BYRELEASING STUDENTSREFUNDSCONTRACTS.

WE ARE INDISCUSSIONS WITH MEDCO ANDSTRONGLY ADVOCATING THEY DOTHE RIGHT THING BY OURSTUDEN