One thing I haven't seen anyone mention is that the longer this goes on, the more it will reduce the credibility of a formal education. In theory you can move

One thing I haven't seen anyone mention is that the longer this goes on, the more it will reduce the credibility of a formal education. In theory you can move classes online but in practice this usually results in massive cheating. Another consequence of this might be fewer internships due to a reduced headcount and on going uncertainty during the pandemic. So while the graduating class of 2020 will have a rough time, if universities continue online for another year, it'll be even harder for the class of 2021.