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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Being low income, it was a no brainer to apply EDI.  The NPC was dead on.  Now child can worry about picking his engineering classes at Northeastern instead of hoping he gets in somewhere.   He also gets to take two pre-college classes that along with AP's is already almost done with one year of classes.  He is in mountains skiing now enjoying his solstice break.[/quote]
Wondering how a low income kid affords to ski all winter break.   [/quote]

+1. Was thinking the same thing.  Skiing is not cheap[/quote]

I have a number of relatives who ski often who could not afford Northeastern even with financial aid.[/quote]

Perhaps this helps demonstrate why some can afford it and others cannot.  Growing up LMC/poor, we never had those opportunities like skiing. Money just wasn't there for expensive extracurriculars.  Instead my parents lived frugally and tried to saved as much as possible.

[/quote]

But that's sort of the point -- anyone who is LMC/poor is going to get a free ride from any of these schools.  It's the MC who are jammed up.  I have friends that live in rural New England that have pretty moderate income -- one teacher for a rural school district, one professional but not fancy job.  They have a teeny, tiny ski cabin in the mountain near them and they ski a lot with annual passes and used skis they bought.  It's not a big expense for them.  Their oldest got admitted to a super, super hard admit but turned it down because not enough FA to make it reasonable.  The kid took a pretty much full ride at UVT instead and is skiing plenty.

I agree that people should reasonably assess what $$ they are likely to get at any school.  BUt I guess the problem is that you don't really know what merit you are likely to get at the lower trier schools.  My kid ED-ed at a top 10 school, and was admitted.  But while we were waiting to hear, we got merit aid packages from the safety schools that were pretty much free rides.  We winced a little turning that down, but we can swing the full cost of her ED choice.  For some more MC families, that's a tough choice to make blind (not knowing what sort of merit you will get at the safety/target school).  [/quote]

And that's okay.  If you need merit and are not 100% comfortable paying 85K+, then you likely should not ED.  If you have the resume for a T10/20 school, then you likely can find many safeties/targets that will give you good merit (if you want to search).

Yes, not everyone can "afford to ED" for a variety of reasons. Just like not everyone can afford a BMW, a $2M home, to fly first class, to attend private K-12, and many other things.  This is not the first and most likely not the last time you will have to make financial choices in life.

Ironically, most of these schools people are clamoring for it's still damn near impossible to get in via ED.  When you take athletes out of the ED numbers, the real advantages for ED are typically a lot less than it appears.

For example take Northwestern.  They take ~50% of class via ED.  5000 applicants, accept 1000. But from that 1000 you need to subtract 100-120 athletes, 100 legacy (of big donors, famous parents---theres a lot with the journalism school, theater--people with real connections) and the 100 Questbridge. So that leaves ~700 spots----30% of the ED spots are already filled.  
So instead of a 20% acceptance rate in ED, it's really closer to 14%.  RD is 6-7%.  So yes there is an advantage to ED but not as big as many think.

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