Hi,
I guess everyone is wondering that. It depends on a lot of factors. You could start by answering/getting answers to the following questions:
1) Does your b-school allow deferring for one year?
2) What is the ROI of your B-School. If it is good, then you might want to worry less and go ahead with the admit this year
3) If the answer to first question is no, then how is this b-school ranked in your preferences? Do you have confidence you'd be able to convert it again next year.
4) Can you avail any scholarship that can help you with the admit, and thus fees might not be a burden.
5) In which country is your b-school? Study the economics of that country and economic predictions of that country. While the whole world is suffering from this pandemic, some nations will bounce back sooner than others.
Thanks,
Pooja