I'm interested in knowing general opinions on this. I would accept that the last few years have been tough for students, and UG finalists in particular have had their full course horribly disrupted. But I am struck by how the accommodations made for students have really not helped them, in a large proportion of cases. I work in a uni (London Russell Group, competitive and highly-rated) and the number of students who have requested deferrals and so on for MH reasons is huge. In my role, I pushed back a bit and said that we shouldn't be advocating this as a way of dealing with any level of pressure and anxiety. In some cases it was absolutely necessary, but in others I felt that it was just becoming a pattern or a way of buying more time.
Ultimately, in the careers many of these graduates will go on to have, they will have to work to deadlines and deal with pressure, and part of the uni experience is providing preparation for that.
We now have students who are very upset because they cannot graduate with their peers, who are very anxious because they've deferred half their year's assessments to a one-werk resits period and feel they will not cope, or who are just disappointed that they haven't completed the year and have uncertainty as regards progression. Plus those who have now come to see assessment as an absolutely terrifying and insurmountable thing because we have agreed that they clearly weren't capable of sitting their exams, when they probably were.
Overall, I feel that we need to be encouraging coping strategies and empowering students, rather than encouraging them to opt out on the most tenuous rationale. But some of my colleagues would consider this to be virtually heresy and I'm not sure how we're going to get out of this place we have found ourselves in.