We estimate the expected magnitudes of the Schumann resonance fields immediately after the Chicxulub impact and show that they exceed their present-day values by about $5times 10^4$ times. Long-term distortion of the Schumann resonance parameters is also expected due to the enviromental impact of the Chicxulub event. If Schumann resonances play a regulatory biological role, as some studies indicate, it is possible that the excitation and distortion of Schumann resonances as a result of the asteroid/comet impact was a possible stress factor, which, among other stress factors associated with the impact, contributed to the demise of dinosaurs.