Fierce competition for Fall 2021 admissions, if lots of current seniors defer?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just a guess, but I imagine admission offices might have some hard number of deferments they are not willing to go over. First come, first served sort of approach. Those 2020 who want to defer should get that done ASAP.

Hopefully we'll know more next week perhaps, for schools with May 1 deadlines.

I was speaking with a relative about this. She is a VP for a very well-known and respected university with a >10% acceptance rate. The colleges and universities will only allow a limited number of deferrals. It is a decision they make for financial reasons. Like all businesses, they need the revenue for this upcoming year, not the year after. They aren't going to hold a vast number of student slots open for 1.5 years from now. That would be like Amazon saying, 'Sure, it's fine. We'll hold your TP for you and deliver it in 1.5 years when you're ready to pay.' Nope, not gonna happen.

My DD is in at 3 schools with >10% admit and has talked to them each about deferring. None of them have a problem with it and all have said they have greatly expanded this option for admitted students knowing the uncertainty of the times. She has accepted 1 deferment already and may do another in a few weeks.

How can you defer without committing to a school?
My dd’s college will only accept applications for deferral from students who have committed and paid their deposit.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just a guess, but I imagine admission offices might have some hard number of deferments they are not willing to go over. First come, first served sort of approach. Those 2020 who want to defer should get that done ASAP.

Hopefully we'll know more next week perhaps, for schools with May 1 deadlines.

I was speaking with a relative about this. She is a VP for a very well-known and respected university with a >10% acceptance rate. The colleges and universities will only allow a limited number of deferrals. It is a decision they make for financial reasons. Like all businesses, they need the revenue for this upcoming year, not the year after. They aren't going to hold a vast number of student slots open for 1.5 years from now. That would be like Amazon saying, 'Sure, it's fine. We'll hold your TP for you and deliver it in 1.5 years when you're ready to pay.' Nope, not gonna happen.

My DD is in at 3 schools with >10% admit and has talked to them each about deferring. None of them have a problem with it and all have said they have greatly expanded this option for admitted students knowing the uncertainty of the times. She has accepted 1 deferment already and may do another in a few weeks.

How is it possible to accept more than one deferment? Most colleges require an enrollment deposit before deferring, which can only be done at one school. (Some colleges require additional deposits during the coming year, 1-5k)

[Anonymous]

Anonymous wrote:If the college offers deferred admission to the class of 2021, it should offer early admission to the class of 2022.

huh? Did you mean 2020 and 2021?

[Anonymous]

Anonymous wrote:To the contrary, class of 2021 will see higher admission rate because colleges need to make up for the revenue shortfall.

They won't allow more than the typical deferrals for 2020 either. They have a big revenue shortfall in 2020. If any, they will move more students off waitlist for 2020 to make up the lost revenue.

This isn't what I'm hearing. Most colleges (especially the top ones) are being very lenient with deferrals.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If the college offers deferred admission to the class of 2021, it should offer early admission to the class of 2022.

huh? Did you mean 2020 and 2021?

(not PP) My juniors would be up for it lol. Trade places.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just a guess, but I imagine admission offices might have some hard number of deferments they are not willing to go over. First come, first served sort of approach. Those 2020 who want to defer should get that done ASAP.

Hopefully we'll know more next week perhaps, for schools with May 1 deadlines.

I was speaking with a relative about this. She is a VP for a very well-known and respected university with a >10% acceptance rate. The colleges and universities will only allow a limited number of deferrals. It is a decision they make for financial reasons. Like all businesses, they need the revenue for this upcoming year, not the year after. They aren't going to hold a vast number of student slots open for 1.5 years from now. That would be like Amazon saying, 'Sure, it's fine. We'll hold your TP for you and deliver it in 1.5 years when you're ready to pay.' Nope, not gonna happen.

My DD is in at 3 schools with >10% admit and has talked to them each about deferring. None of them have a problem with it and all have said they have greatly expanded this option for admitted students knowing the uncertainty of the times. She has accepted 1 deferment already and may do another in a few weeks.

College Confidential has many parents with similar posts. That colleges are fine with deferrals. Not an issue at all.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just a guess, but I imagine admission offices might have some hard number of deferments they are not willing to go over. First come, first served sort of approach. Those 2020 who want to defer should get that done ASAP.

Hopefully we'll know more next week perhaps, for schools with May 1 deadlines.

I was speaking with a relative about this. She is a VP for a very well-known and respected university with a >10% acceptance rate. The colleges and universities will only allow a limited number of deferrals. It is a decision they make for financial reasons. Like all businesses, they need the revenue for this upcoming year, not the year after. They aren't going to hold a vast number of student slots open for 1.5 years from now. That would be like Amazon saying, 'Sure, it's fine. We'll hold your TP for you and deliver it in 1.5 years when you're ready to pay.' Nope, not gonna happen.

My DD is in at 3 schools with >10% admit and has talked to them each about deferring. None of them have a problem with it and all have said they have greatly expanded this option for admitted students knowing the uncertainty of the times. She has accepted 1 deferment already and may do another in a few weeks.

How can you defer without committing to a school?
My dd’s college will only accept applications for deferral from students who have committed and paid their deposit.

Yes, I am genuinely curious as well. How do you accept more than one deferrment?

[Anonymous]

Anonymous wrote:

Anonymous wrote:My DD is in at 3 schools with >10% admit and has talked to them each about deferring. None of them have a problem with it and all have said they have greatly expanded this option for admitted students knowing the uncertainty of the times. She has accepted 1 deferment already and may do another in a few weeks.

College Confidential has many parents with similar posts. That colleges are fine with deferrals. Not an issue at all.

If that's the case, then maybe the number of students actually choosing to defer is close to normal levels than those internet posters hashing out the idea might indicate.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That's why student who want to defer should not be allowed to do so. They should have to reapply next year.

Yes because they haven't been screwed over enough this year.

Other than missing graduation (which is boring AF anyway), how have they been more "screwed over" than the class of 2021? I would argue the juniors have it even worse. Many fewer times for testing. Missing out on the most important semester for grades into their transript--and now the 2020 class taking away possibly up to 20% of possible spots for top colleges next year.

Agree. I don't have a kid in either class, but it is pretty clear that the the class of 2021 has more stress and uncertainty over all this.

[Anonymous]

Anonymous wrote:

Anonymous wrote:To the contrary, class of 2021 will see higher admission rate because colleges need to make up for the revenue shortfall.

They won't allow more than the typical deferrals for 2020 either. They have a big revenue shortfall in 2020. If any, they will move more students off waitlist for 2020 to make up the lost revenue.

This isn't what I'm hearing. Most colleges (especially the top ones) are being very lenient with deferrals.

John Hopkins is losing $100M this year and $375M next fiscal year. Carnegie Mellon is losing $28M. All top colleges are losing significant revenues this year and beyond. The number of paying slots in 2020 and 2021 can only increase to make them solvent. If they do allow more deferrals they will have to make up the shortfall by moving the waitlist.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:To the contrary, class of 2021 will see higher admission rate because colleges need to make up for the revenue shortfall.

They won't allow more than the typical deferrals for 2020 either. They have a big revenue shortfall in 2020. If any, they will move more students off waitlist for 2020 to make up the lost revenue.

This isn't what I'm hearing. Most colleges (especially the top ones) are being very lenient with deferrals.

John Hopkins is losing $100M this year and $375M next fiscal year. Carnegie Mellon is losing $28M. All top colleges are losing significant revenues this year and beyond. The number of paying slots in 2020 and 2021 can only increase to make them solvent. If they do allow more deferrals they will have to make up the shortfall by moving the waitlist.

Well, sure, but colleges don't mind moving the waitlist.

* students admitted off the waitlist won't be any less academically prepared, just slightly different demographics maybe
* less work to do for next year admissions since a large portion of the class is already pre-admitted from 2020

Once again, losers are not colleges or seniors from 2020. The losers in this game are juniors set to graduate in 2021 who will need to apply to effectively smaller universities.

[Anonymous]

To reiterate - I don't resent the colleges from doing what they need, or the parents of 2020 seniors for looking out for their own kids.

I am just thinking to how better position my 2021 Junior who will have reduced college opportunities.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:To the contrary, class of 2021 will see higher admission rate because colleges need to make up for the revenue shortfall.

They won't allow more than the typical deferrals for 2020 either. They have a big revenue shortfall in 2020. If any, they will move more students off waitlist for 2020 to make up the lost revenue.

This isn't what I'm hearing. Most colleges (especially the top ones) are being very lenient with deferrals.

Johns Hopkins is losing $100M this year and $375M next fiscal year. Carnegie Mellon is losing $28M. All top colleges are losing significant revenues this year and beyond. The number of paying slots in 2020 and 2021 can only increase to make them solvent. If they do allow more deferrals they will have to make up the shortfall by moving the waitlist.

Well, sure, but colleges don't mind moving the waitlist.

* students admitted off the waitlist won't be any less academically prepared, just slightly different demographics maybe
* less work to do for next year admissions since a large portion of the class is already pre-admitted from 2020

Once again, losers are not colleges or seniors from 2020. The losers in this game are juniors set to graduate in 2021 who will need to apply to effectively smaller universities.

This does not make any sense.

You are saying parents of 2020 are expected to shoulder two years of colleges' budget. What makes parents of 2020 so specially rich? Colleges need revenue. They need to maximize the number of their paying customers. If anything, they will admit more not less in 2021.

[Anonymous]

Anonymous wrote:To reiterate - I don't resent the colleges from doing what they need, or the parents of 2020 seniors for looking out for their own kids.

I am just thinking to how better position my 2021 Junior who will have reduced college opportunities.

Same here, but I'm not sure how much can be done. The financial factor may be the most significant, but not exactly within your control except to make sure there are enough affordable schools on the list.

Whether full pay increases chances up into the T20-50 range is hard to guess from right now in April. It might or might not. Even top universities have hiring freezes, though presumably those would go into effect long before financial aid is impacted.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Well, sure, but colleges don't mind moving the waitlist.

* students admitted off the waitlist won't be any less academically prepared, just slightly different demographics maybe
* less work to do for next year admissions since a large portion of the class is already pre-admitted from 2020

Once again, losers are not colleges or seniors from 2020. The losers in this game are juniors set to graduate in 2021 who will need to apply to effectively smaller universities.

This does not make any sense.

You are saying parents of 2020 are expected to shoulder two years of colleges' budget. What makes parents of 2020 so specially rich? Colleges need revenue. They need to maximize the number of their paying customers. If anything, they will admit more not less in 2021.

Not the PP, but between both of your posts, maybe the losers are 2021 applicants who need financial aid. 2020 families electing to defer need to make sure all financial aid/scholarships remain in place (which one would expect). Full payers are the winners?