MBA Apply for Fall 2020 (Coronavirus round 3) or apply for fall 2022

With everything going on with COVID-19, it seems that lots of schools are going to have higher acceptance rates for round 3/4. A lot of schools are waiving GRE/GMAT scores and all. A couple questions:

  • What are your thoughts on going back to school two years earlier than planned with not enough savings (less than 15k),

  • Some schools are offering to waive the exams which may get me into top schools than otherwise...

  • What's the likelihood that schools will offer significant scholarships this round? (I'm an African American male, 3.5 GPA)

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