I see that several schools across the country are switching to online instruction only (or as much as possible). I haven't heard any speculation about LU. LU would seem pretty uniquely prepared for going this route if necessary.
To date, the 15,000 residential students have probably been pretty secluded to much of the outside world since Coronavirus became a thing. That all changes when the students leave for Spring Break this weekend. They are getting ready to spread themselves out around the world and then regroup back at LU a week later. If LU was going to make a move, now would seem to be the time to make it.