What Happens to College Finances if the Rich Kids take a Gap Year?

The Covid-19 College Gap Year Exposes a Great Economic Divide

https://www.bloomberg.com/news/articles/2020-05-15/the-covid-19-college-gap-year-exposes-a-great-economic-divide

““It’s kind of a run on the bank if a significant enough share of the students who can pay decide they’re not going to go,” says Matt Maguire, a vice president with Maguire Associates, which has consulted with schools such as Harvard, Amherst, and Rice. “Then the bottom falls out, and how are they going to deal with that?””

Related:

U.S. Colleges Brace for a Devastating Summer and Fall

https://www.bloomberg.com/news/articles/2020-04-19/u-s-colleges-brace-for-covid-19-to-hurt-summer-and-fall-finances
Coronavirus Will End the Golden Age for College Towns

https://www.bloomberg.com/opinion/articles/2020-05-16/coronavirus-will-end-the-golden-age-for-college-towns 

Will COVID change college forever?

https://www.cnn.com/videos/tv/2020/05/16/will-covid-change-college-forever.cnn