Reply to Middlebury ED filled most of class?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It's like K-12 private schools, PP. A majority are quite wealthy, and a handful are low-income on financial aid. The middle class is entirely squeezed out.[/quote]

No it's not the same at all.  the k-12 let everyone apply in one round and when they see which kids they want, then they determine aid.

This process only allows people who can afford to apply in rounds in which 80% of slots are filled. Then when there are 20% spots left - they open it to everyone.  These are very different. (Parent who has no financial need and recognizes the inequity)[/quote]

ED actually also works for those that need financial aid as they have an out if financial aid is other than the school’s website predicted.  It hurts families that need to compare merit aid offers, which would be the upper middle class.[/quote]

+1 
You definitely don't need to be full pay to apply ED. Good college counselors should be making that clear! I hear about that early application misconception a lot though. [/quote]

You need to be poor or full pay.  If the EFC is more than you can actually afford (which is the case for many MC/UMC who have not saved), then you cannot do ED.  If you need to find the school that is most affordable for you, you cannot do ED.  Very different than someone whose EFC is $0 or less than $5k. [/quote]

Correct.  There is a misperception that a definitively low income student should be hesitant to apply ED.  A school like Midd is going to give them the best possible need based package they can hope for anywhere, probably a full ride or close to it.  And if it is less than 100%, they can always back out.  The applicants who need to worry about ED are the ones where there is some ambiguity as to how much aid they will receive and the ones who might get merit aid at other good schools which could tempt them.  These are the students in the middle-not low income, not very high income.  [/quote]

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