But that's sort of the point -- anyone who is LMC/poor is going to get a free ride from any of these schools. It's the MC who are jammed up. I have friends that live in rural New England that have pretty moderate income -- one teacher for a rural school district, one professional but not fancy job. They have a teeny, tiny ski cabin in the mountain near them and they ski a lot with annual passes and used skis they bought. It's not a big expense for them. Their oldest got admitted to a super, super hard admit but turned it down because not enough FA to make it reasonable. The kid took a pretty much full ride at UVT instead and is skiing plenty. I agree that people should reasonably assess what $$ they are likely to get at any school. BUt I guess the problem is that you don't really know what merit you are likely to get at the lower trier schools. My kid ED-ed at a top 10 school, and was admitted. But while we were waiting to hear, we got merit aid packages from the safety schools that were pretty much free rides. We winced a little turning that down, but we can swing the full cost of her ED choice. For some more MC families, that's a tough choice to make blind (not knowing what sort of merit you will get at the safety/target school). |
This. ED and EA works well for the truly committed student. I was grateful that DS got into GMU EA and DD into UVA EA (there was no ED at the time). We were one and done for both and very very grateful. I thank the Lord for VA public schools frequently. We could not have afforded private (We received no merit offers and no benefits through FAFSA). Middle class (used to be UMC perhaps) and donut hole. |
RD is not a death sentence. Dc was deferred REA and still got in many places in RD including three (other) Ivies. |
There are roughly twenty or so truly need blind schools. Meaning they will make it work without loans.
But they tend to be the high endowment, very selective private schools. From Princeton to Pomona. If the kid is at that caliber, worth it to apply ED to those schools if the kid really has a place they genuinely want to go to. But Middle and UMC are kind of wrecked elsewhere. You want to compare the offers. No one wants to be burdened with student or parental loans. Always a tough decision. For most families, it's this is Stanford. And this is the public. Not a lot of space between the two. Private colleges are pretty much $400,000 per kid at this point. OOS publics like Michigan aren't much better. There really aren't a lot of families that can roll with that. So the options are ED at the tippy top rich schools, EA at the public, or go lower tier for merit. |
And that's okay. If you need merit and are not 100% comfortable paying 85K+, then you likely should not ED. If you have the resume for a T10/20 school, then you likely can find many safeties/targets that will give you good merit (if you want to search). Yes, not everyone can "afford to ED" for a variety of reasons. Just like not everyone can afford a BMW, a $2M home, to fly first class, to attend private K-12, and many other things. This is not the first and most likely not the last time you will have to make financial choices in life. Ironically, most of these schools people are clamoring for it's still damn near impossible to get in via ED. When you take athletes out of the ED numbers, the real advantages for ED are typically a lot less than it appears. For example take Northwestern. They take ~50% of class via ED. 5000 applicants, accept 1000. But from that 1000 you need to subtract 100-120 athletes, 100 legacy (of big donors, famous parents---theres a lot with the journalism school, theater--people with real connections) and the 100 Questbridge. So that leaves ~700 spots----30% of the ED spots are already filled. So instead of a 20% acceptance rate in ED, it's really closer to 14%. RD is 6-7%. So yes there is an advantage to ED but not as big as many think. |
Not really. The school is basically telling you---we want to admit you but first we want to know 100% you will attend. That's a good thing---they want you. If it's your top choice, you switch to ED2. Most will give you a financial read out before doing so. I know CWRU does this, and they will tell you exactly how much merit and FA you would get. They do it because they have yield issues---they know they are targets/safeties for many who wanted to attend a T25 but didn't get in. So if the finances are good for you, and you want to attend you switch. If not, or you want to wait and hear from other schools, you take that risk and say no. However, know you just likely killed your chances for getting admission. You told the school "nope, you are not my top choice, I'm not ready to commit". So they would prefer to WL you and give full acceptance to someone who will attend. |
Good to hear. Anything about your DC you feel comfortable sharing? Was DC at the top of the class -- so the REA was maybe an unlucky outcome and DC easily floated into the other Ivy schools? Or was it the case that you were kinda undertain thoughout and it all worked out well in the end..? |
Thanks for the excellent analysis. I agree with all of it except perhaps your final conclusion. Isnt the difference between 14 percent and 7 meaningfully large?? |
100% with you |
EA hurts the RD pool. And getting a ton of apps in by Nov 1 is hard bc of the amount of work/sports/etc that happen between Sept 1-Nov 1. |
I hope someone sues and ED becomes illegal. It benefits the schools and the rich. For regular students it's just a stress-creator and adds no value. |
As explained many times, if you run the NPC and can afford the school, there is no detriment to applying ED and taking whatever small increase of chances you will receive from it. |
They count on a certain number of full pay students, why not admit some early? If you need aid, they aren't giving away that spot in ED. |
ED favors wealthy students. IMO colleges should not be able to offer ED and keep their non-profit status. We should not be ising taxpayer dollars to subsidize institutions that engage in behavior that favors the wealthy in this way. (and yes my kids will likely apply somewhere ED). |
it doesn’t need to be either. |