Virginia Tech offering money to incoming freshmen to delay start due to severe over-enrollment

That is incorrect. Last years class was on the smaller side. This year engineering is overcrowded - which doesn’t effect your student. Next year will likely be a small class again to compensate for this year. So next year will be only high qualified students and they will have actually smaller than average classes. I could see your concern if child going in this year - but your looking at it the wrong way in that it will be good for next years class (as long as they are high qualified enough to get accepted with much higher standards likely to make next years class smaller than average).