BOSTON — May 1 is typically the deadline for high school seniors to commit to a college by putting down a deposit.
As if things weren’t already tough enough for the Class of 2020, they’re now facing a monumental decision with significant financial impacts as the economy is in freefall.
“They’re making this huge financial decision in this very scary time for themselves,” said Julie Shields-Rutyna, the director of college planning at the Massachusetts Educational Financing Authority, or MEFA. “I feel so much for these students and these families. This week is usually a stressful time.”
Many high school seniors received their financial aid offers from colleges weeks ago.