Need for social interaction and financial status

What we've seen with college student of friends of ours...

I'd return to school if possible, affordable, and able to get hone relatively easily if needed.
1. Actually get a single dorm room if possible and live on campus - more likely to get refund if going virtual again vs. being locked into a lease off-campus

2. I'd actually consider off campus for returning students if they have friends and can be together - being home can be socially isolating and really miss out of the personal growth you get being away for college. Sure, it won't be normal, but they'll still find ways to interact

A true "Gap year" probably isn't the best option in my mind. Keep moving forward because you'll be closer to being ready to get that career/job going when things pick back up - and they will. Plus gap years are planned, so the likelihood of a meaningful gap experience is probably low right now.

Also, depending on school you may need to reapply / apply as transfer just to get back in.