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College and University Discussion
Reply to "Tulane bans HS from ED for 1 year after student backs out"
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[quote=Anonymous][quote=Anonymous]Here is the thing that seems like people are willfully ignoring in the ED argument. I agree BC does not offer merit ED, nor do they really offer merit in RD. That is also true of HYP and many other T20 schools. If you can’t afford it in ED you can’t afford it. But there are a significant number of schools below that tier that do offer real merit aid, and also have an ED round. That feels like the spot where wealthy families have a distinct advantage to donut hole families. It is at that tier that it starts to feel like the benefit is designed toward the wealthy.[/quote] Why yes, if your parents choose to save fully for college, then you have some advantages. That is life. If you need to compare merit offers, then ED is not for you. It's not forced on you. And hint, most donut hole families could have chosen to save if they wanted to. When they went from $150K/year to 200K as a family they could have saved 90%-100% for college for a few years and been set. It was a choice. Also most in the 30-70 range give excellent merit to many kids, and your highly qualified kid will get merit and admission in EA/RD and have many choices, so go that route if you need to compare. Just like most people do who haven't saved $400K for college. Yeah, someone who has saved has advantages, just like everything else in life [/quote]
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