"… Most colleges haven’t decided yet what to do about the fall, said Brian Eufinger, of Edison Prep, an SAT tutoring service and college admissions expert in Atlanta. “The closer we get to the Fourth of July they’ll have to say yay or nay,” he said.
As some students decline to attend, some schools are combing through their wait lists to fill enrollment vacancies. Eufinger said he has seen students ‘come off of wait lists at top schools — schools that typically don’t pull from wait lists — so that tells me their overall deposit numbers are lower.’" …
Very important issue that is hitting MBA programs even harder than it is affecting undergraduate schools.
(For example: Harvard Business School–Harvard’s MBA program–recently announced that accepted students would be permitted to defer admission. If deferral requests are high, then HBS may spread out the deferred students entry over the next two years.)
(Also, some very elite MBA programs have temporarily waived standardized (GMAT or GRE) testing requirements. The two most notable to date are Northwestern Kellogg MBA program & Virginia Darden MBA program.)
With respect to undergraduate schools, it may be wise to go with the lowest cost option as many do not want to pay substantial tuition & fees for remote learning if on-campus classes are postponed for one or more terms.
Many MBA programs are prepared to go online. Several programs regard the change as more permanent than temporary.