College is important, but college is expensive and right now, a lot of a families are hurting due to the financial impacts of COVID-19. Sadly, that is directly effecting those in the recently graduated class of 2020.

Nearly 30% of the high school graduating seniors from the class of 2020 are not planning to attend college right away this fall due to the COVID-19 pandemic according to a news study from Junior Achievement USA. Of those included in the study, nearly half, 44%, say COVID-19 has impacted in some way the plans they had to pay for college. For the students who are still looking to go to college, 58% claim that they are now more likely to take out a student loan to pay for their college education.

Many teens in the study also were hit by the wave of unemployment that has followed the pandemic. 25% told the survey they've lost their job as a result of COVID-19. Now, those are national numbers. In Iowa, according to WalletHub, we're the 6th least hit states for unemployment claims.

With many, dare I say most, businesses having reopened, even partially, here's to hoping the future of America are able to work and/or attend school. We need those minds to help us prevent future pandemics!

Enter your number to get our free mobile app

This is the most expensive house on the market in Waterloo right now