Is binding ED the next shoe to drop?

[Anonymous]

The best choice I made in this whole process was telling my kids “no ED schools.”

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I've heard speculation that ED could be challenged on an anti trust basis. I don't know how cogent that argument is and I didn't see it being accepted by the current Court. Unless there's some movement on that, this thread is a lot of hot air. Things do not simply become fairer over time as if by magic.

I hope so; it's an advantage that UMC families refuse to admit is a thumb on the scales for their precious children.

What’s the definition of UMC here? It’s a thumb on the scale for the top 1% who are beyond UMC by most definitions.

The top 9.9%
https://www.theatlantic.com/magazine/archive/2018/06/the-birth-of-a-new-american-aristocracy/559130/

"If your total net worth ranges somewhere between $1.2 and $20 million, you are in the top 9.9 percent of the wealth distribution. If your household income is around $200,000 or over, you are in the top 9.9 percent."

https://www.insidehighered.com/blogs/learning-innovation/rising-inequality-fault-%E2%80%98-99-percent%E2%80%99

The lower end of this group can’t ED full pay at 90k per year.

ED is not full pay.

You commit without knowing if there will be financial aid.

You meant to say “you commit without knowing what a Net Price Calculator is”.

Your commitment is binding. Net price calculator isn’t. Check your privilege.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I've heard speculation that ED could be challenged on an anti trust basis. I don't know how cogent that argument is and I didn't see it being accepted by the current Court. Unless there's some movement on that, this thread is a lot of hot air. Things do not simply become fairer over time as if by magic.

I hope so; it's an advantage that UMC families refuse to admit is a thumb on the scales for their precious children.

What’s the definition of UMC here? It’s a thumb on the scale for the top 1% who are beyond UMC by most definitions.

The top 9.9%
https://www.theatlantic.com/magazine/archive/2018/06/the-birth-of-a-new-american-aristocracy/559130/

"If your total net worth ranges somewhere between $1.2 and $20 million, you are in the top 9.9 percent of the wealth distribution. If your household income is around $200,000 or over, you are in the top 9.9 percent."

https://www.insidehighered.com/blogs/learning-innovation/rising-inequality-fault-%E2%80%98-99-percent%E2%80%99

The lower end of this group can’t ED full pay at 90k per year.

ED is not full pay.

You commit without knowing if there will be financial aid.

You meant to say “you commit without knowing what a Net Price Calculator is”.

Your commitment is binding. Net price calculator isn’t. Check your privilege.

It’s not binding if the offer is less than what the NPC says. Check your facts.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I've heard speculation that ED could be challenged on an anti trust basis. I don't know how cogent that argument is and I didn't see it being accepted by the current Court. Unless there's some movement on that, this thread is a lot of hot air. Things do not simply become fairer over time as if by magic.

I hope so; it's an advantage that UMC families refuse to admit is a thumb on the scales for their precious children.

What’s the definition of UMC here? It’s a thumb on the scale for the top 1% who are beyond UMC by most definitions.

The top 9.9%
https://www.theatlantic.com/magazine/archive/2018/06/the-birth-of-a-new-american-aristocracy/559130/

"If your total net worth ranges somewhere between $1.2 and $20 million, you are in the top 9.9 percent of the wealth distribution. If your household income is around $200,000 or over, you are in the top 9.9 percent."

https://www.insidehighered.com/blogs/learning-innovation/rising-inequality-fault-%E2%80%98-99-percent%E2%80%99

The lower end of this group can’t ED full pay at 90k per year.

ED is not full pay.

You commit without knowing if there will be financial aid.

You meant to say “you commit without knowing what a Net Price Calculator is”.

Your commitment is binding. Net price calculator isn’t. Check your privilege.

It’s not binding if the offer is less than what the NPC says. Check your facts.

By the time you see a financial aid offer you are required to withdraw all other apps. The kid would then need to submit apps to rolling admissions colleges in the spring. You’re kidding yourself if you don’t understand ED is a privilege for the rich.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I've heard speculation that ED could be challenged on an anti trust basis. I don't know how cogent that argument is and I didn't see it being accepted by the current Court. Unless there's some movement on that, this thread is a lot of hot air. Things do not simply become fairer over time as if by magic.

I hope so; it's an advantage that UMC families refuse to admit is a thumb on the scales for their precious children.

What’s the definition of UMC here? It’s a thumb on the scale for the top 1% who are beyond UMC by most definitions.

The top 9.9%
https://www.theatlantic.com/magazine/archive/2018/06/the-birth-of-a-new-american-aristocracy/559130/

"If your total net worth ranges somewhere between $1.2 and $20 million, you are in the top 9.9 percent of the wealth distribution. If your household income is around $200,000 or over, you are in the top 9.9 percent."

https://www.insidehighered.com/blogs/learning-innovation/rising-inequality-fault-%E2%80%98-99-percent%E2%80%99

The lower end of this group can’t ED full pay at 90k per year.

ED is not full pay.

You commit without knowing if there will be financial aid.

You meant to say “you commit without knowing what a Net Price Calculator is”.

Your commitment is binding. Net price calculator isn’t. Check your privilege.

It’s not binding if the offer is less than what the NPC says. Check your facts.

By the time you see a financial aid offer you are required to withdraw all other apps. The kid would then need to submit apps to rolling admissions colleges in the spring. You’re kidding yourself if you don’t understand ED is a privilege for the rich.

Not true. If accepted ED, you can call the school and ask what the FA package will be and that you need an accelerated answer. You should even indicate what the NPC said it would be for you.

This person wouldn’t do anything with their other EA applications/acceptances until they get formal confirmation of FA.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:It’s she unfair but benefits the wealthy so won’t go anywhere.

You do realize the wealthy, full-pay families are what provide so many benefits to the students who can’t afford full-pay, correct?

Can you cite the benefits you are referring to? Please provide specific examples.

Would you rather have your poor kid go to a school with all other poor kids, or one with many rich kids? Say stats are the same for the sake of argument, but be honest with yourself.

For most people, the presence of rich kids is itself a benefit.

Why would the poor kid want to go to school with rich kids?

Connections. Your roommate or friend's parents are rich and well connected and they help you find internships and jobs. If you remain friends with them after college, you have a group now that has many more connections than the average kid or poor kid where 90% of their community never went to college.

Rich kids are in a clique with other rich kids. The idea that they’ll befriend a poor kid is laughable.

It’s actually the middle class striver parents not the poor parents who think their kid will “make connections” with rich kids at a prestige school. They are deluded. Their kid will not be in the rich kid clique either.

My husband went to Harvard. Some of his friend group came from wealthy families, some middle class. I can think of at least three occasions where one member of the group help the other land a job. Not entry level jobs either, mid career C level jobs.

Exactly!

Went to a T10 university. At a time when 60%+ of the students received no FA at all (merit was a thing for maybe 10 kids and the athletes). This school now is a 90K+ school.

I had some rich/wealthy friends. I'm still friends with them. Same situation---while I have not needed to use those connections, I know friends in our group who have gotten jobs that way. And I know one who got a summer internship in college via a rich friends parental connection---and that led to their first job post undergrad.

Don't need studies to show it happens. Lived it
Now, that is not the reason to attend a school. But for LMC/Poor kids, they are the group that benefits the most form being at an elite school.

Extraordinarily few poor kids make it to a T10.

"Some Colleges Have More Students From the Top 1 Percent Than the Bottom 60. Find yours"

https://www.nytimes.com/interactive/2017/01/18/upshot/some-colleges-have-more-students-from-the-top-1-percent-than-the-bottom-60.html

Well, 22% of freshman at my alma mater are currently Pell Eligible. I'd call that a lot , relatively speacking

So in the grand scheme of college, no, but for T25 schools, most have 20-25% lower income students. because they recognize there are smart kids who didn't have the privilege of growing up rich and can add to the university.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I've heard speculation that ED could be challenged on an anti trust basis. I don't know how cogent that argument is and I didn't see it being accepted by the current Court. Unless there's some movement on that, this thread is a lot of hot air. Things do not simply become fairer over time as if by magic.

I hope so; it's an advantage that UMC families refuse to admit is a thumb on the scales for their precious children.

What’s the definition of UMC here? It’s a thumb on the scale for the top 1% who are beyond UMC by most definitions.

The top 9.9%
https://www.theatlantic.com/magazine/archive/2018/06/the-birth-of-a-new-american-aristocracy/559130/

"If your total net worth ranges somewhere between $1.2 and $20 million, you are in the top 9.9 percent of the wealth distribution. If your household income is around $200,000 or over, you are in the top 9.9 percent."

https://www.insidehighered.com/blogs/learning-innovation/rising-inequality-fault-%E2%80%98-99-percent%E2%80%99

The lower end of this group can’t ED full pay at 90k per year.

ED is not full pay.

You commit without knowing if there will be financial aid.

You meant to say “you commit without knowing what a Net Price Calculator is”.

Your commitment is binding. Net price calculator isn’t. Check your privilege.

It’s not binding if the offer is less than what the NPC says. Check your facts.

By the time you see a financial aid offer you are required to withdraw all other apps. The kid would then need to submit apps to rolling admissions colleges in the spring. You’re kidding yourself if you don’t understand ED is a privilege for the rich.

Not true. If accepted ED, you can call the school and ask what the FA package will be and that you need an accelerated answer. You should even indicate what the NPC said it would be for you.

This person wouldn’t do anything with their other EA applications/acceptances until they get formal confirmation of FA.

You don’t understand how this works. FA offices aren’t going to give you special treatment and the high school is going to be angry if you break a contract the counselor signed off on. You might think it’s that’s simple, but it’s not. The NPC estimate isn’t binding, ED is.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It’s she unfair but benefits the wealthy so won’t go anywhere.

You do realize the wealthy, full-pay families are what provide so many benefits to the students who can’t afford full-pay, correct?

Can you cite the benefits you are referring to? Please provide specific examples.

Would you rather have your poor kid go to a school with all other poor kids, or one with many rich kids? Say stats are the same for the sake of argument, but be honest with yourself.

For most people, the presence of rich kids is itself a benefit.

Why would the poor kid want to go to school with rich kids?

Connections. Your roommate or friend's parents are rich and well connected and they help you find internships and jobs. If you remain friends with them after college, you have a group now that has many more connections than the average kid or poor kid where 90% of their community never went to college.

Rich kids are in a clique with other rich kids. The idea that they’ll befriend a poor kid is laughable.

It’s actually the middle class striver parents not the poor parents who think their kid will “make connections” with rich kids at a prestige school. They are deluded. Their kid will not be in the rich kid clique either.

My husband went to Harvard. Some of his friend group came from wealthy families, some middle class. I can think of at least three occasions where one member of the group help the other land a job. Not entry level jobs either, mid career C level jobs.

Exactly!

Went to a T10 university. At a time when 60%+ of the students received no FA at all (merit was a thing for maybe 10 kids and the athletes). This school now is a 90K+ school.

I had some rich/wealthy friends. I'm still friends with them. Same situation---while I have not needed to use those connections, I know friends in our group who have gotten jobs that way. And I know one who got a summer internship in college via a rich friends parental connection---and that led to their first job post undergrad.

Don't need studies to show it happens. Lived it
Now, that is not the reason to attend a school. But for LMC/Poor kids, they are the group that benefits the most form being at an elite school.

Extraordinarily few poor kids make it to a T10.

"Some Colleges Have More Students From the Top 1 Percent Than the Bottom 60. Find yours"

https://www.nytimes.com/interactive/2017/01/18/upshot/some-colleges-have-more-students-from-the-top-1-percent-than-the-bottom-60.html

Well, 22% of freshman at my alma mater are currently Pell Eligible. I'd call that a lot , relatively speacking

So in the grand scheme of college, no, but for T25 schools, most have 20-25% lower income students. because they recognize there are smart kids who didn't have the privilege of growing up rich and can add to the university.

What percentage is from the top 1%?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I've heard speculation that ED could be challenged on an anti trust basis. I don't know how cogent that argument is and I didn't see it being accepted by the current Court. Unless there's some movement on that, this thread is a lot of hot air. Things do not simply become fairer over time as if by magic.

I hope so; it's an advantage that UMC families refuse to admit is a thumb on the scales for their precious children.

What’s the definition of UMC here? It’s a thumb on the scale for the top 1% who are beyond UMC by most definitions.

The top 9.9%
https://www.theatlantic.com/magazine/archive/2018/06/the-birth-of-a-new-american-aristocracy/559130/

"If your total net worth ranges somewhere between $1.2 and $20 million, you are in the top 9.9 percent of the wealth distribution. If your household income is around $200,000 or over, you are in the top 9.9 percent."

https://www.insidehighered.com/blogs/learning-innovation/rising-inequality-fault-%E2%80%98-99-percent%E2%80%99

The lower end of this group can’t ED full pay at 90k per year.

ED is not full pay.

You commit without knowing if there will be financial aid.

You meant to say “you commit without knowing what a Net Price Calculator is”.

Your commitment is binding. Net price calculator isn’t. Check your privilege.

It’s not binding if the offer is less than what the NPC says. Check your facts.

By the time you see a financial aid offer you are required to withdraw all other apps. The kid would then need to submit apps to rolling admissions colleges in the spring. You’re kidding yourself if you don’t understand ED is a privilege for the rich.

Not true. If accepted ED, you can call the school and ask what the FA package will be and that you need an accelerated answer. You should even indicate what the NPC said it would be for you.

This person wouldn’t do anything with their other EA applications/acceptances until they get formal confirmation of FA.

You don’t understand how this works. FA offices aren’t going to give you special treatment and the high school is going to be angry if you break a contract the counselor signed off on. You might think it’s that’s simple, but it’s not. The NPC estimate isn’t binding, ED is.

No…you don’t understand how it practically works. Know several kids that have done exactly the above. These kids fairly obviously needed FA to enroll…the school counselor completely understood and would not have held the kid responsible if the college pulled a major FA bait-and-switch.

Colleges are well aware of kids needing to know the FA package even for ED, before they withdraw other applications.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I've heard speculation that ED could be challenged on an anti trust basis. I don't know how cogent that argument is and I didn't see it being accepted by the current Court. Unless there's some movement on that, this thread is a lot of hot air. Things do not simply become fairer over time as if by magic.

I hope so; it's an advantage that UMC families refuse to admit is a thumb on the scales for their precious children.

What’s the definition of UMC here? It’s a thumb on the scale for the top 1% who are beyond UMC by most definitions.

The top 9.9%
https://www.theatlantic.com/magazine/archive/2018/06/the-birth-of-a-new-american-aristocracy/559130/

"If your total net worth ranges somewhere between $1.2 and $20 million, you are in the top 9.9 percent of the wealth distribution. If your household income is around $200,000 or over, you are in the top 9.9 percent."

https://www.insidehighered.com/blogs/learning-innovation/rising-inequality-fault-%E2%80%98-99-percent%E2%80%99

The lower end of this group can’t ED full pay at 90k per year.

ED is not full pay.

You commit without knowing if there will be financial aid.

You meant to say “you commit without knowing what a Net Price Calculator is”.

Your commitment is binding. Net price calculator isn’t. Check your privilege.

It’s not binding if the offer is less than what the NPC says. Check your facts.

By the time you see a financial aid offer you are required to withdraw all other apps. The kid would then need to submit apps to rolling admissions colleges in the spring. You’re kidding yourself if you don’t understand ED is a privilege for the rich.

Wrong again. Not how it works. Nearly all ED decisions come with the offer or shortly thereafter, prior to Jan 1 deadline. If you don't get the offer in time (AND YOU WILL), call the college and tell them you are not withdrawing until the offer is in writing.

You think you are the first person to discover this "problem"? You are not, because it isn't one.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I've heard speculation that ED could be challenged on an anti trust basis. I don't know how cogent that argument is and I didn't see it being accepted by the current Court. Unless there's some movement on that, this thread is a lot of hot air. Things do not simply become fairer over time as if by magic.

I hope so; it's an advantage that UMC families refuse to admit is a thumb on the scales for their precious children.

What’s the definition of UMC here? It’s a thumb on the scale for the top 1% who are beyond UMC by most definitions.

The top 9.9%
https://www.theatlantic.com/magazine/archive/2018/06/the-birth-of-a-new-american-aristocracy/559130/

"If your total net worth ranges somewhere between $1.2 and $20 million, you are in the top 9.9 percent of the wealth distribution. If your household income is around $200,000 or over, you are in the top 9.9 percent."

https://www.insidehighered.com/blogs/learning-innovation/rising-inequality-fault-%E2%80%98-99-percent%E2%80%99

The lower end of this group can’t ED full pay at 90k per year.

ED is not full pay.

You commit without knowing if there will be financial aid.

You meant to say “you commit without knowing what a Net Price Calculator is”.

Your commitment is binding. Net price calculator isn’t. Check your privilege.

It’s not binding if the offer is less than what the NPC says. Check your facts.

By the time you see a financial aid offer you are required to withdraw all other apps. The kid would then need to submit apps to rolling admissions colleges in the spring. You’re kidding yourself if you don’t understand ED is a privilege for the rich.

Not true. If accepted ED, you can call the school and ask what the FA package will be and that you need an accelerated answer. You should even indicate what the NPC said it would be for you.

This person wouldn’t do anything with their other EA applications/acceptances until they get formal confirmation of FA.

You don’t understand how this works. FA offices aren’t going to give you special treatment and the high school is going to be angry if you break a contract the counselor signed off on. You might think it’s that’s simple, but it’s not. The NPC estimate isn’t binding, ED is.

You CLEARLY have not done any reading or research on Early Decision terms and conditions, and how they work.

If you are seriously considering ED, I strongly advise you to call the college you are considering and ask them these questions, and please stop spreading your horrible misinformation here so it does not misinform anyone else.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I've heard speculation that ED could be challenged on an anti trust basis. I don't know how cogent that argument is and I didn't see it being accepted by the current Court. Unless there's some movement on that, this thread is a lot of hot air. Things do not simply become fairer over time as if by magic.

I hope so; it's an advantage that UMC families refuse to admit is a thumb on the scales for their precious children.

What’s the definition of UMC here? It’s a thumb on the scale for the top 1% who are beyond UMC by most definitions.

The top 9.9%
https://www.theatlantic.com/magazine/archive/2018/06/the-birth-of-a-new-american-aristocracy/559130/

"If your total net worth ranges somewhere between $1.2 and $20 million, you are in the top 9.9 percent of the wealth distribution. If your household income is around $200,000 or over, you are in the top 9.9 percent."

https://www.insidehighered.com/blogs/learning-innovation/rising-inequality-fault-%E2%80%98-99-percent%E2%80%99

The lower end of this group can’t ED full pay at 90k per year.

ED is not full pay.

You commit without knowing if there will be financial aid.

You meant to say “you commit without knowing what a Net Price Calculator is”.

Your commitment is binding. Net price calculator isn’t. Check your privilege.

It’s not binding if the offer is less than what the NPC says. Check your facts.

By the time you see a financial aid offer you are required to withdraw all other apps. The kid would then need to submit apps to rolling admissions colleges in the spring. You’re kidding yourself if you don’t understand ED is a privilege for the rich.

Wrong again. Not how it works. Nearly all ED decisions come with the offer or shortly thereafter, prior to Jan 1 deadline. If you don't get the offer in time (AND YOU WILL), call the college and tell them you are not withdrawing until the offer is in writing.

You think you are the first person to discover this "problem"? You are not, because it isn't one.

Everyone knows ED favors the wealthy. If you’re wealthy, you’ll keep pretending it’s not an advantage, but you know it is.

https://amp.cnn.com/cnn/2023/10/22/business/early-decision-college-financial-aid

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I've heard speculation that ED could be challenged on an anti trust basis. I don't know how cogent that argument is and I didn't see it being accepted by the current Court. Unless there's some movement on that, this thread is a lot of hot air. Things do not simply become fairer over time as if by magic.

I hope so; it's an advantage that UMC families refuse to admit is a thumb on the scales for their precious children.

What’s the definition of UMC here? It’s a thumb on the scale for the top 1% who are beyond UMC by most definitions.

The top 9.9%
https://www.theatlantic.com/magazine/archive/2018/06/the-birth-of-a-new-american-aristocracy/559130/

"If your total net worth ranges somewhere between $1.2 and $20 million, you are in the top 9.9 percent of the wealth distribution. If your household income is around $200,000 or over, you are in the top 9.9 percent."

https://www.insidehighered.com/blogs/learning-innovation/rising-inequality-fault-%E2%80%98-99-percent%E2%80%99

The lower end of this group can’t ED full pay at 90k per year.

ED is not full pay.

You commit without knowing if there will be financial aid.

You meant to say “you commit without knowing what a Net Price Calculator is”.

Your commitment is binding. Net price calculator isn’t. Check your privilege.

It’s not binding if the offer is less than what the NPC says. Check your facts.

By the time you see a financial aid offer you are required to withdraw all other apps. The kid would then need to submit apps to rolling admissions colleges in the spring. You’re kidding yourself if you don’t understand ED is a privilege for the rich.

Not true. If accepted ED, you can call the school and ask what the FA package will be and that you need an accelerated answer. You should even indicate what the NPC said it would be for you.

This person wouldn’t do anything with their other EA applications/acceptances until they get formal confirmation of FA.

You don’t understand how this works. FA offices aren’t going to give you special treatment and the high school is going to be angry if you break a contract the counselor signed off on. You might think it’s that’s simple, but it’s not. The NPC estimate isn’t binding, ED is.

It is pretty simple. If the FA package doesn't at least match the NPC estimate, you can totally withdraw from an ED commitment. Duke and Penn and so on are not suing anyone for an inability to pay. But you have to do the NPC. If you are obviously a rich full pay student who is reneging on an ED contract, you will be blacklisted and you are totally screwing over your high school. Don't do that. But if you are eligible for FA, that is very negotiable. Most high endowment schools will make it work for every family. If there has been a change in circumstances or the numbers genuinely don't work and the school isn't accommodating that, you can walk. No one is going to jail. But don't apply ED if it's not your first choice and the NPC number doesn't work.

[Anonymous]

Anonymous wrote:It seems to favor full-pay students who are more likely to discover their #1 pick—can afford multiple visits (hotels, airfare, etc). Equity issue that could ultimately go the way of legacy admissions?

Nothing wrong with that. This is not a socialist or communist country. Everything in life is not equal. We paid a LOT of money to obtain advanced degrees which have allowed us to now make a lot of money. We should not be penalized for hard work.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I've heard speculation that ED could be challenged on an anti trust basis. I don't know how cogent that argument is and I didn't see it being accepted by the current Court. Unless there's some movement on that, this thread is a lot of hot air. Things do not simply become fairer over time as if by magic.

I hope so; it's an advantage that UMC families refuse to admit is a thumb on the scales for their precious children.

What’s the definition of UMC here? It’s a thumb on the scale for the top 1% who are beyond UMC by most definitions.

The top 9.9%
https://www.theatlantic.com/magazine/archive/2018/06/the-birth-of-a-new-american-aristocracy/559130/

"If your total net worth ranges somewhere between $1.2 and $20 million, you are in the top 9.9 percent of the wealth distribution. If your household income is around $200,000 or over, you are in the top 9.9 percent."

https://www.insidehighered.com/blogs/learning-innovation/rising-inequality-fault-%E2%80%98-99-percent%E2%80%99

The lower end of this group can’t ED full pay at 90k per year.

ED is not full pay.

You commit without knowing if there will be financial aid.

You meant to say “you commit without knowing what a Net Price Calculator is”.

Your commitment is binding. Net price calculator isn’t. Check your privilege.

It’s not binding if the offer is less than what the NPC says. Check your facts.

By the time you see a financial aid offer you are required to withdraw all other apps. The kid would then need to submit apps to rolling admissions colleges in the spring. You’re kidding yourself if you don’t understand ED is a privilege for the rich.

Wrong again. Not how it works. Nearly all ED decisions come with the offer or shortly thereafter, prior to Jan 1 deadline. If you don't get the offer in time (AND YOU WILL), call the college and tell them you are not withdrawing until the offer is in writing.

You think you are the first person to discover this "problem"? You are not, because it isn't one.

Everyone knows ED favors the wealthy. If you’re wealthy, you’ll keep pretending it’s not an advantage, but you know it is.

https://amp.cnn.com/cnn/2023/10/22/business/early-decision-college-financial-aid

Being wealthy is an advantage in pretty much everything. You can argue this all you want but that doesn't change the fact: for a need blind school there is no reason ANY STUDENT at ANY INCOME LEVEL cannot apply ED if the NPC says it is affordable.