Reply to Is binding ED the next shoe to drop?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I've heard speculation that ED could be challenged on an anti trust basis. I don't know how cogent that argument is and I didn't see it being accepted by the current Court. Unless there's some movement on that, this thread is a lot of hot air. Things do not simply become fairer over time as if by magic.[/quote]

I hope so; it's an advantage that UMC families refuse to admit is a thumb on the scales for their precious children. [/quote]

What’s the definition of UMC here? It’s a thumb on the scale for the top 1% who are beyond UMC by most definitions.[/quote]

[b]The top 9.9%[/b]
https://www.theatlantic.com/magazine/archive/2018/06/the-birth-of-a-new-american-aristocracy/559130/

"If your total net worth ranges somewhere between $1.2 and $20 million, you are in the top 9.9 percent of the wealth distribution. If your household income is around $200,000 or over, you are in the top 9.9 percent."

https://www.insidehighered.com/blogs/learning-innovation/rising-inequality-fault-%E2%80%98-99-percent%E2%80%99
[/quote]

The lower end of this group can’t ED full pay at 90k per year. [/quote]

ED is not full pay.[/quote]

You commit without knowing if there will be financial aid. [/quote]

You meant to say “you commit without knowing what a Net Price Calculator is”.[/quote]

Your commitment is binding. Net price calculator isn’t. Check your privilege. [/quote]

It’s not binding if the offer is less than what the NPC says.  Check your facts.[/quote]

By the time you see a financial aid offer you are required to withdraw all other apps. The kid would then need to submit apps to rolling admissions colleges in the spring. You’re kidding yourself if you don’t understand ED is a privilege for the rich. [/quote]

Not true.  If accepted ED, you can call the school and ask what the FA package will be and that you need an accelerated answer.  You should even indicate what the NPC said it would be for you.

This person wouldn’t do anything with their other EA applications/acceptances until they get formal confirmation of FA.  [/quote]

You don’t understand how this works. FA offices aren’t going to give you special treatment and the high school is going to be angry if you break a contract the counselor signed off on. You might think it’s that’s simple, but it’s not. The NPC estimate isn’t binding, ED is. [/quote]

You CLEARLY have not done any reading or research on Early Decision terms and conditions, and how they work.

If you are seriously considering ED, I strongly advise you to call the college you are considering and ask them these questions, and please stop spreading your horrible misinformation here so it does not misinform anyone else.[/quote]

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