university

Federal Study Shows High Cost of a Gap Year

Vol State office with people wearing masks for COVID-19.

Students considering taking a gap year, time off from college due to the pandemic, may want to consider the eventual lost wages- up to $90,000 over their career. That’s according to a new study by the Federal Reserve Bank of New York. It said that there are sizeable hidden costs in taking even just a year off from college, including a wage gap wedge that could stick with the student throughout their career.