In recent years, graduating college seniors looking to continue their education in a professional field often face a so-called “gap year,” as immediate admission to a graduate school often is not possible.
This has become especially common for students applying to medical school. The gap-year idea has drifted down to the high school level, as one study suggested that more than 35 percent of high school students are thinking of taking a year off before entering
Whether a student takes a gap year is less important than what they do with it. Sitting at home playing video games or watching movies wastes valuable time. Participating in an internship or doing anything related their chosen study field is productive.
Unknowns about virus mitigation, the massive economic deterioration, and the possible sluggishness in a recovery have many economists and market strategists essentially writing off most and maybe all of 2020. Essentially, 2020 has become a gap year for the economy and the stock market.