Education all over the world has been affected directly or indirectly to Covid-19 pandemic. Within a short span of time the outlook of the entire stakeholder in the education industry has changed. There is a paradigm shift from offline teaching to online teaching. Though new, the teachers and the students both have adapted with online system with its pros and cons. This paper studies the effect of Covid-19 on the education in general and degree college students of Commerce stream of Dombivli in particular. The objective of this research paper is to know about the Covid-19 pandemic and to study the effect of Covid-19 on education of degree college students. This research paper is descriptive and analytical in nature. The data collected were both primary and secondary data. The testing of null hypothesis was done by using ANOVA. Key findings and suggestions form a part of the research paper.