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College and University Discussion
Reply to "“ED is to locked down full payers”"
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[quote=Anonymous][quote=Anonymous]I don't understand why this is so hard. You can do the net price calculator and figure out if you can swing the expected family contribution. If you can't, don't ED. If the kid still wants to ED, then you take a chance and go all in. If they end up with merit scholarships, that's icing! The student can also apply for external scholarship money. But I think there are clear expectations with the ED process. [/quote] BINGO!!! It's really not that difficult. I think the issue is that people who cannot afford their EFC (as defined by fafsa) are annoyed that they do not get the "advantage" of ED. Yeah, it's "not fair", but so are many things in life. The ED advantage even at elite schools is still minimal---many of the ED slots go to athletes, legacy, hooked students who would have gotten in via EA/RD as well. When EA/RD rate is 6% and ED is 25%, it's not really that once you take out those listed above. It's more 12% vs 6%. [/quote]
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