It's all a bit hypothetical, isn't it?
Last year, cases didn't increase in schools immediately they went back - but by December they had increased 50 fold. On the one hand, delta is more infectious, but on the other hand, we do have much more of an immune response in the community now.
There are still a sizeable number of children who haven't had covid - 50% has been suggested though of course it's hard to know for sure. ONS produced data suggesting that 24% children had antibodies in July - though this is open to interpretation.
Exposure is going to vary a lot by area - in some areas, it might be that almost all the school has been exposed whereas in areas that have had more consistently low cases there might be a much larger naïve population. It's also not entirely clear how the immune response from exposure or vaccination will change over time.
However, the measures that have been announced seem very sensible so let's hope they hold the spread.