Reply to do college admissions get ugly at the Big3 when all the parents are Ivy grads?

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Reply to "do college admissions get ugly at the Big3 when all the parents are Ivy grads?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My point is that ALL of these schools have a budget each year and the whole ED thing is their way of locking in 2 key pillars of their Budget:

1) How many Full Pay applicants are applying ED that they can count on to enroll helps them with # 2

2) How many highly qualified and truly talented kids can they admit - irregardless of their ability to pay

The yield on the former determines the schools ability to live up to the latter.

URM target numbers may be separate or cross in a Ven diagram of one or the other ( wealthy URM who may be an alum/ full pay  OR low income URM - both check the box just the same )

[b]So, take that number of spots off the table right away. If your kid then forgoes applying ED anywhere to " just go for it and let the chips fall" - then your kid is NOT in any schools first round of numbers crunching.... and they get what's left, both in terms of Offer of Admission AND FA
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So, from my perspective, if these schools didn't cost 80K a year then the financial pressure that pushes them to have this ED cycle every year would not exist and then , yes, just really amazing kids could all apply for Admission at same time- need blind- and " let the chips fall"

Instead, with ED- try that and your kid might just get shut out[/quote]

That's the one area where going to a public school helps. Your kid can apply ED and if they don't like the aid offer keep on applying elsewhere. Public schools aren't going to care or do anything to stop them, but a big 3 certainly would. [/quote]

Amazing that you tried to spin “rich families have a leg up through the ED admissions process” into “poor families have a leg up because they need financial aid.”

Yes, it’s true that if you need FA and the school doesn’t come through with enough, that’s the only way you can turn down an ED admissions offer. But you still can’t apply ED to multiple colleges at once. So then you’re back in the general admissions pool and a lot of the FA has been given away at the other schools—a losing strategy if ever there was one.

Bottom line: there’s a reason private schools send a disproportionate number of kids to Ivies—they can apply as full pay ED and they have a proven track record of forking out for $50k tuition bills every year. [/quote]

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