Speaking of ED

[Anonymous]

Let's say your kid has the stats to enter the lotteries of T25. They would obviously have a better shot at 25-50, but we all realize that so much is just luck when you hit a certain threshold. One of their favorite schools in in the 60-75 range and gives an ED boost. Would you advise your kid to ED to the lower ranked school to have a a better chance of avoiding the stress or stick with EAs to see the options? The ED school is private and the kid has stats above the median, so merit would be welcome. Merit is not absolutely necessary, but if they got into a higher ranked school for less, some real conversations would need to be had about the options. This kid worked hard to have a shot at places like UVA, UMD or UNC. Would you be OK paying Tulane/UMiami/Syracuse tuition even if the in-state schools were an option?

[Anonymous]

Only ED if it’s the kid’s first choice and affordable.

[Anonymous]

Anonymous wrote:Let's say your kid has the stats to enter the lotteries of T25. They would obviously have a better shot at 25-50, but we all realize that so much is just luck when you hit a certain threshold. One of their favorite schools in in the 60-75 range and gives an ED boost. Would you advise your kid to ED to the lower ranked school to have a a better chance of avoiding the stress or stick with EAs to see the options? The ED school is private and the kid has stats above the median, so merit would be welcome. Merit is not absolutely necessary, but if they got into a higher ranked school for less, some real conversations would need to be had about the options. This kid worked hard to have a shot at places like UVA, UMD or UNC. Would you be OK paying Tulane/UMiami/Syracuse tuition even if the in-state schools were an option?

This is all so personal and unique to each person.

Based on your accumulated wealth and how much you’ve saved, along with whether or not your kid is at a public or private school and how that factors into admissions.

Outcomes differ based on the school significantly. And not all public schools are the same, nor are all private schools the same.

[Anonymous]

How are we to know if you're okay with paying $90K for Tulane/Miami/Syracuse?

I would not be okay with that because we have 3 kids, decent savings and a reasonable but not sky-high HHI. Other people would pay that in a heartbeat because it's what they make in a month. Being "OKAY" with paying something varies INCREDIBLY by family.

[Anonymous]

In-state options at UVA/UMD/UNC are fantastic. I would choose these against all full-pay privates outside the top 25 and possibly against a few within the top 25 as well. If cash is absolutely no object, it could be a different story based on special, non-academic, factors. Academic opportunity within UVA/UMD/UNC is plentiful.

[Anonymous]

Anonymous wrote:How are we to know if you're okay with paying $90K for Tulane/Miami/Syracuse?

I would not be okay with that because we have 3 kids, decent savings and a reasonable but not sky-high HHI. Other people would pay that in a heartbeat because it's what they make in a month. Being "OKAY" with paying something varies INCREDIBLY by family.

I said we could pay it, that merit wasn't necessary.

It's more about paying significantly more for a school outside the T50 when your kid has the stats and worked hard to at least try for a school that is inside the T50.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Let's say your kid has the stats to enter the lotteries of T25. They would obviously have a better shot at 25-50, but we all realize that so much is just luck when you hit a certain threshold. One of their favorite schools in in the 60-75 range and gives an ED boost. Would you advise your kid to ED to the lower ranked school to have a a better chance of avoiding the stress or stick with EAs to see the options? The ED school is private and the kid has stats above the median, so merit would be welcome. Merit is not absolutely necessary, but if they got into a higher ranked school for less, some real conversations would need to be had about the options. This kid worked hard to have a shot at places like UVA, UMD or UNC. Would you be OK paying Tulane/UMiami/Syracuse tuition even if the in-state schools were an option?

This is all so personal and unique to each person.

Based on your accumulated wealth and how much you’ve saved, along with whether or not your kid is at a public or private school and how that factors into admissions.

Outcomes differ based on the school significantly. And not all public schools are the same, nor are all private schools the same.

I'm curious what public vs. private school for HS has to do with it? Are you suggesting that a kid form a public HS won't do as well at a private college or vice versa?

[Anonymous]

Anonymous wrote:Let's say your kid has the stats to enter the lotteries of T25. They would obviously have a better shot at 25-50, but we all realize that so much is just luck when you hit a certain threshold. One of their favorite schools in in the 60-75 range and gives an ED boost. Would you advise your kid to ED to the lower ranked school to have a a better chance of avoiding the stress or stick with EAs to see the options? The ED school is private and the kid has stats above the median, so merit would be welcome. Merit is not absolutely necessary, but if they got into a higher ranked school for less, some real conversations would need to be had about the options. This kid worked hard to have a shot at places like UVA, UMD or UNC. Would you be OK paying Tulane/UMiami/Syracuse tuition even if the in-state schools were an option?

That’s essentially what my DS is doing this fall. ED1 to a slight reach state college (coin flip odds probably) but if that’s a no then ED2 to a college that boosts his chances by 30-40% over RD (from about 50% to 80%). The key is that he hasn’t identified any of the others he likes better than the ED2 school (even the ED1 choice is there because of cost). We’re decidedly agnostic about rankings.

[Anonymous]

He should ED to the school he wants to go to most, for whatever this mix of reasons are, regardless of rank.

[Anonymous]

Ours applied ED to a T10, got deferred then rejected. It made December/January more stressful for sure. In hindsight, he says he wishes he had applied ED to the T25 school he ended up at. But that is with the knowledge that he was rejected from his first choice. I think he would have regretted not trying for the ED school. It is really up to your kid as to how much difference there is between the two.

[Anonymous]

Anonymous wrote:Let's say your kid has the stats to enter the lotteries of T25. They would obviously have a better shot at 25-50, but we all realize that so much is just luck when you hit a certain threshold. One of their favorite schools in in the 60-75 range and gives an ED boost. Would you advise your kid to ED to the lower ranked school to have a a better chance of avoiding the stress or stick with EAs to see the options? The ED school is private and the kid has stats above the median, so merit would be welcome. Merit is not absolutely necessary, but if they got into a higher ranked school for less, some real conversations would need to be had about the options. This kid worked hard to have a shot at places like UVA, UMD or UNC. Would you be OK paying Tulane/UMiami/Syracuse tuition even if the in-state schools were an option?

I was with you until you said these schools.
None of these schools are better than UVA/UNC in state.

[Anonymous]

Anonymous wrote:

Anonymous wrote:How are we to know if you're okay with paying $90K for Tulane/Miami/Syracuse?

I would not be okay with that because we have 3 kids, decent savings and a reasonable but not sky-high HHI. Other people would pay that in a heartbeat because it's what they make in a month. Being "OKAY" with paying something varies INCREDIBLY by family.

I said we could pay it, that merit wasn't necessary.

It's more about paying significantly more for a school outside the T50 when your kid has the stats and worked hard to at least try for a school that is inside the T50.

The ppl I know paying this live in $4mm houses and have a high NW….
It’s worth it to them.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Let's say your kid has the stats to enter the lotteries of T25. They would obviously have a better shot at 25-50, but we all realize that so much is just luck when you hit a certain threshold. One of their favorite schools in in the 60-75 range and gives an ED boost. Would you advise your kid to ED to the lower ranked school to have a a better chance of avoiding the stress or stick with EAs to see the options? The ED school is private and the kid has stats above the median, so merit would be welcome. Merit is not absolutely necessary, but if they got into a higher ranked school for less, some real conversations would need to be had about the options. This kid worked hard to have a shot at places like UVA, UMD or UNC. Would you be OK paying Tulane/UMiami/Syracuse tuition even if the in-state schools were an option?

This is all so personal and unique to each person.

Based on your accumulated wealth and how much you’ve saved, along with whether or not your kid is at a public or private school and how that factors into admissions.

Outcomes differ based on the school significantly. And not all public schools are the same, nor are all private schools the same.

I'm curious what public vs. private school for HS has to do with it? Are you suggesting that a kid form a public HS won't do as well at a private college or vice versa?

Well it depends on your peers at your school. Some privates send 10-15% or more to ivies.

Some public’s do not get 10-15% of class into an Ivy.

It absolutely matters. That’s why any private College Counselor wants to see your high school’s 4 year admit & matriculation list before they will even take you on.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Let's say your kid has the stats to enter the lotteries of T25. They would obviously have a better shot at 25-50, but we all realize that so much is just luck when you hit a certain threshold. One of their favorite schools in in the 60-75 range and gives an ED boost. Would you advise your kid to ED to the lower ranked school to have a a better chance of avoiding the stress or stick with EAs to see the options? The ED school is private and the kid has stats above the median, so merit would be welcome. Merit is not absolutely necessary, but if they got into a higher ranked school for less, some real conversations would need to be had about the options. This kid worked hard to have a shot at places like UVA, UMD or UNC. Would you be OK paying Tulane/UMiami/Syracuse tuition even if the in-state schools were an option?

This is all so personal and unique to each person.

Based on your accumulated wealth and how much you’ve saved, along with whether or not your kid is at a public or private school and how that factors into admissions.

Outcomes differ based on the school significantly. And not all public schools are the same, nor are all private schools the same.

I'm curious what public vs. private school for HS has to do with it? Are you suggesting that a kid form a public HS won't do as well at a private college or vice versa?

Some high schools are known to be more rigorous than others.

For example, one high school may ger one kid innto Harvard in a class of 300. Another high school may get four kids admitted to Harvard in a class of 85.

[Anonymous]

My kid had stats considerably above UMiami and got waitlisted. When we looked back at our HS school's scattergram, they defer/waitlist everyone with high stats. We assume yield protection --they want ED.