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Reply to "Early decision seems like a scam"
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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. _ If they want you, they match the price. ED takes away your ability to secure competing offers, and thus your ability to bargain. [/quote] Who does that? I've never head of anyone doing that at all, let alone finding that it works. It's got to be so rare that it does not impact the competition among colleges for ED students.[/quote]
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