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A graduation cap from a 2016 commencement in New York City. Photo: Spencer Platt/Getty Images

Three in four college students who secured internships or post-graduate work have seen those plans thrown into flux by the coronavirus pandemic, according to a new College Reaction poll. Half of those students say their plans have been cancelled, while the other half say they've been delayed or made remote.

Why it matters: The summers between college years are key for the new generation of workers to gain valuable experience and contribute to the economy — and many use the summers to earn money to pay tuition.

  • Missing out could send scores of young people deeper into debt or set them back when they graduate and enter the workforce.

The academic experience is also bringing on disappointment for students. 77% say distance learning is worse or much worse than in-person classes.

The big picture: The crisis is weighing heavily on the psyche of college students.

  • 90% say they are concerned about the U.S. economy and the job market.
  • 51% say they are experiencing mental health distress, with 15% reporting that they feel a great deal of it. Female respondents were nearly three times as likely as male respondents to report severe mental health distress.
  • 67% say they are concerned about the effect of social isolation.

Methodology: The poll was conducted April 10-12 from a representative sample of 822 college students with a margin of error of +/- 3.4 percentage points.

College Reaction’s polling is conducted using a demographically representative panel of college students from around the country. The surveys are administered digitally and use college e-mail addresses as an authentication tool to ensure current enrollment in a four-year institution. The target for the general population sample was students currently enrolled in accredited 4-year institutions in the United States.

Go deeper

14 mins ago - Health

The Obamacare wars end in a whimper

Illustration: Shoshana Gordon/Axios

Existential threats to the Affordable Care Act just aren’t what they used to be.

The big picture: The anti-Obamacare fire on the right may not be fully extinguished — it still throws off some smoke and a few sparks every once in a while — but it has petered out into irrelevance, dismissed as a distraction even by some of the same conservatives who helped to stoke it in the first place.

Health care ruling saves Republicans from themselves

Illustration: Aïda Amer/Axios

The Supreme Court saved the health care system from imploding Thursday by dismissing a Republican challenge to the Affordable Care Act. But it also saved the GOP itself from another round of intraparty chaos.

Why it matters: Most GOP lawmakers privately admit (and some will even say publicly) they don't want to deal with health care again. The issue generally isn't a good one for them with voters — as they learned the hard way after they failed to repeal the ACA in 2017.

9 hours ago - Economy & Business

Fed chief's second-term audition

Jerome Powell during a virtual news conference. Photo: Daniel Acker/Bloomberg via Getty Images

Federal Reserve Chairman Jerome Powell faces a long, hot summer audition for a second term, with senators watching and weighing his response to potential signs of inflation.

Why it matters: The financial system's chief is one of the most powerful in the world. President Biden hasn’t given any public indication whether he’ll renominate Powell, but Democrats close to the administration say there's a chance he'll make an announcement by Labor Day — well before Powell’s term ends next February.

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