If I had a son or daughter in college right now, I would advise them to withdraw for the semester (or possibly longer) until all of this stuff is over. The way that most colleges have handled their reopening is an unmitigated disaster of centralized planning run amok that predictably fails from the outset, followed by a frantic decline into petty authoritarian nannyism that violates the basic rights of adult students and reduces them to the status of boarding school residents under strict 24/7 supervision.
In the meantime, parents should encourage their college age offspring to take online classes at the local community college via zoom to get their Gen Ed credits out of the way. Upwards of 75% of those classes are complete wastes of time and money anyway, and their primary function is to keep faculty in unpopular disciplines employed. If they're going to be blow-off classes anyway, you might as well take them online at 1/5th the price and with fewer pretenses of high expectations for the content that will be delivered. Then transfer them in next year to a 4 year college, and have as much as a third of your degree already out of the way.
Will this imperil 4-year colleges financially? Absolutely. And it should hurt, because (1) the product they are offering is of severely diminished quality, and (2) they aren't responding to any other softer price signals that might otherwise pressure them to a sensible and customer-centric accommodation of COVID, rather than continuing to operate as a rent-extraction tool in the service of its own administrative bloat.