In spite of $14 billion in stimulus for higher education institutions, traditional in-person colleges have seen record drops in enrollment and revenue across the US. EdTech companies and remote education startups, meanwhile, have seen record growth, with revenue up an average of 335% across the vertical in 2020. Digital education service companies with university clients saw some of the largest gains, up by approximately 559% according to survey data. This is hypothesized to be due to the need for large universities to facilitate both in-person and remote learning experiences at the same time.