Cornell understands the equilibrium

They are reopening campus for the coming semester and here is one reason why:

…the finding from Cornell researchers that holding the semester online potentially could result in more infections and more hospitalizations among students and staff members than holding the semester in person would.

A study by Cornell researchers concluded that with nominal parameters, an in-person semester would result in 3.6 percent of the campus population (1,254 people) becoming infected, and 0.047 percent (16 people) requiring hospitalization. An online semester, they concluded, would result in about 7,200 infections and more than 60 hospitalizations.

Do note it is critical to the argument that the returning students actually are tested on a regular basis, which of course is very hard to enforce on-line.