Reply to UChicago Reports Nation's Highest Yield Rate 87.8% for Class of 2027

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How is wealth related to ED?[/quote]

They are committed to a school before knowing what their financial aid is, if any.  [/quote]
They can't shop merit aid across schools.
Many students families are committing to paying sticker price.[/quote]

Nobody hoping to get into UChicago, Yale, Princeton, Harvard, Swarthmore, ... you get it, top university or liberal arts college is going to get merit aid. You can easily go on the net price calculator and see how much it's going to cost unless you own a business and are not a regular salary worker. We did this. It should be possible to go through the following mental exercise - if I got into the University of Maryland full ride (still paying room and board), would I choose to go to Maryland or Uchicago? If I got into Juniata at $20,000 per year, and the net price calculator says Uchicago is going to be $32,000 where would I go? If at the end of that math, the choice is UChicago, then increase your odds and go ED. We did this. We were not a full pay family - paid about half the tuition rate, and the net price calculator was spot on. What "need to shop around" means to me is either 1) you have a hard cap on what you can afford, and you literally would never choose UChicago because it exceeds that price, or 2) you haven't done the hard work of thinking it through, or 3) you wouldn't choose UChicago in some of the scenarios I listed above, and then rightly so, it is not your first choice.[/quote]

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