ok so what about this scenario - your child applied to EA schools and has been granted significant merit aid (family does not qualify for any financial aid). Child had planned to apply EDII to a certain school. Can the child apply to the ED school (which is known to give merit aid), but if they don't receive merit aid, back out of ED? ie if the family needs merit aid (but would not get financial aid), can they still apply ED? Obviously the clear answer is to apply RD, but this school gives a very significant bump for ED. So could the child apply ED or not? |
This is a situation where you cannot apply Ed. Merit aid is not the same as financial aid and is not a basis for getting out of Ed. So no, your kid shoukd not apply ED. |
So you only get the admissions advantage if you can afford it. I can see why people get annoyed by this ED system, but thanks for the response. I am personally surprised that this ED system has prevailed. |
Yes. ED gives rich kids a big edge. |
You only get the admissions advantage if you can afford full pay OR the Net Price Calculator provides a need-based estimate that would be affordable. |
+1000 |
It's a pay-to-play system isn't it?? |
Or if you have financial need that would be satisfied with financial aid. |
No reason at all to do that. While it might have been their first choice, that could change when they get financial aid/merit offers from other schools. Whole point of EA/RD is so you can compare offers. |
+1. EA is just about timing, not commitment. |
Why wouldn't it prevail? The goal of unversities is to get the yield they want, and that includes with the correct percent of full pay students. ED1/ED2 are a key part of this. Anyone can participate that can afford the school. If can't afford it, then do EA/RD so you can compare merit/FA packages. Not everyone can afford everything in life. Many would rather do private K-12 than their public, but if they cannot afford it, they have to do public. Most things in life function like this. |
But there are literally hundreds of good colleges that will be affordable for people. You just have to look outside the T40-T50 schools. You can easily find merit if you need it. So yeah, rich kids get an advantage of ED at the T50 schools. Rich people often get advantages over others in so many facets of life. However, no body is stopping you from getting an education---that can happen at ANY school if you are not obsessed with T20 schools. And remember that even with ED it's still a crapshoot at the T20 schools, just with a slightly better odds |
Shorter version: be happy with what you get, poors! Fancy schools are for rich people! Upward mobility stops with the basics! You may not have meant it, but this is exactly what you sound like. |
It's not "the poors" but rather the doughnut families, who are caught in this. |
NP here but I didn't get that same tone from the response, particularly because most elite universities are need-blind and will cover the entire cost for many families. That is exactly upward mobility. |