Published by FOX Business
For current college students, the coronavirus pandemic has largely meant a shift from traditional on-campus learning to taking classes fully online. For this year’s incoming class of students, however, the spread of the virus seems to have had a more substantial impact.
Despite May 1 being the traditional college acceptance deadline, according to a poll of graduating high school seniors by the Art & Science Group, 40 percent of the students had not yet made a deposit by the time the poll was released in the last week in April.
An additional 12 percent reported that, even though they initially made a deposit, their plans changed and they are no longer planning on attending their top-choice school in the fall. Instead, many plan to do a gap year or complete a virtual internship.
It seems that findings like these are not unusual as many eschew the idea of taking out private student loans just to go to school online. Accordingly, colleges and universities across the nation scramble to hit their enrollment numbers for the coming academic year.
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