What would happen if ED was outlawed?

[Anonymous]

I bet a dollar that OP must not like ED very much because they cannot afford it and are jealous.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I could be found to violate anti trust law.

A simple solution to any perceived antitrust issues would be for schools to drop the requirement that accepted ED applicants withdraw all of their applications to other schools and, instead, the school would require that anED applicant submit the first semester’s tuition in full within a short designated time following acceptance. If the applicant didn’t submit the tuition, the acceptance would be withdrawn and the application would then be denied.

So, double down on the rich kid advantage?!

[Anonymous]

Anonymous wrote:There would chaos raised to the power of 10 in April, May, June and July. Waitlists would be much longer than they are now to absorb the uncertainties. Dorm spaces might run out at more schools due to underestimating yield. Students would be even more stressed holding out hope that they would be pulled off waitlists. Not a pretty scene.

Or schools could just move all decision making forward and start using the waitlist sooner.

I’m a fan of ED. DD picked a realistic one and was successful. She is thrilled, and done.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It won't happen but I will play.
I suspect it would negatively impact students needing financial aid. It's pretty clear colleges use ED to lock in highly qualified full pay students. They need them in order to be able to offer spots to students who can only attend with FA.

My kid got quite a bit of FA during ED, so not for the rich

+1 Posters like PP keep repeating this chestnut, but it's simply not true. It's all about the NPC. What is true is that you can't shop merit offers but the NPC estimate was a significant factor in determining DC's ED choice. When it came down to two schools, DC went with the one with the more generous NPC.

[Anonymous]

Anonymous wrote:I bet a dollar that OP must not like ED very much because they cannot afford it and are jealous.

ED does not preclude financial aid. Stop.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I could be found to violate anti trust law.

A simple solution to any perceived antitrust issues would be for schools to drop the requirement that accepted ED applicants withdraw all of their applications to other schools and, instead, the school would require that anED applicant submit the first semester’s tuition in full within a short designated time following acceptance. If the applicant didn’t submit the tuition, the acceptance would be withdrawn and the application would then be denied.

Yes, that would be fine and would not involve an illegal cartel. But that is not the way it is.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I bet a dollar that OP must not like ED very much because they cannot afford it and are jealous.

ED does not preclude financial aid. Stop.

ED does not offer financial aid to those making between 250k-400k, which is where most ED haters reside. I love ED because my HHI is below 200k (yes, poor bastard!), even though my kid was rejected ED a week or so ago.

[Anonymous]

I should have said "for those making above 250k." I accidentally added "those above 400k dont feel the pain."

[Anonymous]

Posts like this spring up every year at this time. In April there will be posts insisting that UVA should increase its enrollment, or UMD needs to admit more students from the DC suburbs.

They all stem from the same place. Some parents have disappointed kids after decisions come out. They feel the anger that comes with the helplessness that they can't save their kid from this disappointment, and so they fume. I get it. It's hard. It's also life. No matter how much you want it, you can't make the universe give your kid everything they want.

Take this anger and repurpose the energy it brings toward helping your kid get excited about whatever college they end up going to. It truly will be fine.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I could be found to violate anti trust law.

A simple solution to any perceived antitrust issues would be for schools to drop the requirement that accepted ED applicants withdraw all of their applications to other schools and, instead, the school would require that anED applicant submit the first semester’s tuition in full within a short designated time following acceptance. If the applicant didn’t submit the tuition, the acceptance would be withdrawn and the application would then be denied.

So, double down on the rich kid advantage?!

Well, schools will start doing some like this if the current practice is found to violate the antitrust laws. An this would not require all acceptées to pay full price, just as the current practice does not.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It won't happen but I will play.
I suspect it would negatively impact students needing financial aid. It's pretty clear colleges use ED to lock in highly qualified full pay students. They need them in order to be able to offer spots to students who can only attend with FA.

My kid got quite a bit of FA during ED, so not for the rich

Same here. It isn’t only for the rich; DC got a ton of FA at his ED. Sure, there were some other schools DC considered that probably would have cost even less, but it was absolutely worth it for us to pay a few thousand more for a school he is truly excited about attending.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I bet a dollar that OP must not like ED very much because they cannot afford it and are jealous.

ED does not preclude financial aid. Stop.

ED does not offer financial aid to those making between 250k-400k, which is where most ED haters reside. I love ED because my HHI is below 200k (yes, poor bastard!), even though my kid was rejected ED a week or so ago.

Not true! We are right in there around 300k and DC got a lot of FA with ED.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I could be found to violate anti trust law.

A simple solution to any perceived antitrust issues would be for schools to drop the requirement that accepted ED applicants withdraw all of their applications to other schools and, instead, the school would require that anED applicant submit the first semester’s tuition in full within a short designated time following acceptance. If the applicant didn’t submit the tuition, the acceptance would be withdrawn and the application would then be denied.

Why require this? What about ED is the issue that requires some sort of change? Do most people not ultimately attend their ED school? If so, then your solution makes sense. If the issue is that ED offers an unfair advantage to the wealthy, I still don’t see how your solution will solve anything. Also, people needing FA cannot pay their tuition on the spot. I’m also not sure how that would work with 529s — you can’t dispense funds for the next year in the current year.

[Anonymous]

Anonymous wrote:Posts like this spring up every year at this time. In April there will be posts insisting that UVA should increase its enrollment, or UMD needs to admit more students from the DC suburbs.

They all stem from the same place. Some parents have disappointed kids after decisions come out. They feel the anger that comes with the helplessness that they can't save their kid from this disappointment, and so they fume. I get it. It's hard. It's also life. No matter how much you want it, you can't make the universe give your kid everything they want.

Take this anger and repurpose the energy it brings toward helping your kid get excited about whatever college they end up going to. It truly will be fine.

Yes!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I bet a dollar that OP must not like ED very much because they cannot afford it and are jealous.

ED does not preclude financial aid. Stop.

ED does not offer financial aid to those making between 250k-400k, which is where most ED haters reside. I love ED because my HHI is below 200k (yes, poor bastard!), even though my kid was rejected ED a week or so ago.

Not true! We are right in there around 300k and DC got a lot of FA with ED.

Same here, at a WASP school! 330K HHI, 21K/yr aid. So much misinformation on these threads.