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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It's literally a scam in an anti-trust way:

https://www.highereddive.com/news/32-colleges-accused-of-using-early-decision-to-drive-up-costs/757337/[/quote]

Zero chance of this suit succeeding.[/quote]

+1 ED does nto 'reduce competition" -- they are absolutely competing with each other to get those ED applicants just as much as they are competing to get the strongest RD applicants. And the argument that they use ED to reduce FA makes zero sense, since you can get out of ED if they fail to meet your FA needs.[/quote]

Of course ED prevents colleges from needing to compete on price, and reduces the amount of FA they give.

Here’s how FA works:
_ Every college gives you a different aid package. 
_ If your favorite school is not the best price, you show them the better offer you got from a similar school. 
_ [b]If they want you, they match the price. [/b]

ED takes away your ability to secure competing offers, and thus your ability to bargain. [/quote]

I've never heard of a school matching a competing offer, unless it's close to begin with. They might boost the award, but it's usually not by much. You can compare financial aid packages with each school's NPC and research the amount of merit (if any) they normally give to kids with similar stats. If you don't get within the ballpark of the expected offer, you can break the ED contract. This is for more selective schools. Less selective schools might be more flexible, in which case it's probably a good idea not to ED anywhere and chase merit instead.[/quote]

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