Can boarding schools survive coronavirus?

This is not in regards to boarding school - but about 2 private day schools in our area that just announced a merger, effective this fall. My kids attended one of the schools for many years, and during that time I saw enrollment drop and the budget get tighter. I knew a while ago that their finances were in peril, so it came as little surprise that they would merge with a larger school that has greater financial strength. It sounds like they will be keeping both campuses open for now, as they serve regions that are about 40 minutes apart. But I think it will be only a matter of time before our small school gets swallowed up by the bigger one entirely, and lose its physical space. Money is already an issue, the public schools in the area are strong, and the demand is declining. I am glad that we are no longer affiliated with the school, as I’m sure they will be in for an interesting ride as this all unfolds.