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College and University Discussion
Reply to "Early decision seems like a scam"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]ED is for colleges, recruited athletes, and suckers. [/quote] And for kids who know exactly what they want. [/quote] +1 Every school should have ED so there is no doubt about who will actually enroll if accepted. This would save SO MUCH time and effort on both the students' and the colleges' part.[/quote] Except it makes it impossible to comparison shop based on merit aid. If it were up to me colleges wouldn’t be able to have binding ED and maintain their nonprofit status. I say this as someone who can afford the full cost of a private university for my kids so they’ll likely benefit from ED. [/quote] But nobody is entitled to merit aid. ED matches and the resulting probable guaranteed tuition revenue allows the schools to offer more merit etc later. I think those who are put off by ED are people who try to use ED to game the system themselves like EDing at a high reach or to allay self-imposed anxiety by having a sure thing in the fall rather than a range of choices in the spring. That was not the purpose of ED. Maybe I just have a different perspective because it worked out well for my dc. He EDed to basically a target school and it was his first choice by far and we could pay. Boom done.[/quote] No one is entitled to pay less than $1000 for tooth floss, but it doesn’t happen because we have a free market for tooth floss with competition based on price. ED is a way of stifling competition so schools don’t have to compete on price as much as they otherwise would. That is why I think it should not be allowed even though my kids are exactly the kids who will benefit. [/quote]
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