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Reply to "What would happen if ED was outlawed?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I could be found to violate anti trust law.[/quote] A simple solution to any perceived antitrust issues would be for schools to drop the requirement that accepted ED applicants withdraw all of their applications to other schools and, instead, the school would require that anED applicant submit the first semester’s tuition in full within a short designated time following acceptance. If the applicant didn’t submit the tuition, the acceptance would be withdrawn and the application would then be denied.[/quote] Why require this? What about ED is the issue that requires some sort of change? Do most people not ultimately attend their ED school? If so, then your solution makes sense. If the issue is that ED offers an unfair advantage to the wealthy, I still don’t see how your solution will solve anything. Also, people needing FA cannot pay their tuition on the spot. I’m also not sure how that would work with 529s — you can’t dispense funds for the next year in the current year.[/quote]
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