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[quote=Anonymous][quote=Anonymous]I'm basing my theory on the fact that a lot of HYP from privates seem to come at the ED/EA round, which is obviously an easier round for getting in, but which also tends to send a signal that money and FA are less important to the family. I've wondered for a while if colleges use the ED/EA round to get the full pay kids who will finance the FA kids (full disclosure: DC got in during the ED/EA round). Of course, EA (but not ED) means that you don't have to go if you don't like the FA package that's eventually awarded, but overall I think EA and ED are both games for better-off families. A family of two government lawyers isn't going to qualify for FA anyway, but if they saved well they could finance HYP. These are just my impressions, though, and I could well be wrong.[/quote]

1) ED/EA is not an easier round. The most selective schools all insist that the criteria are the same. The applicant pool just tends to be much stronger early.  That's my impression as an interviewer as well.

2) Financial aid packages at the Ivies are very generous. Families making under $150,000 are likely to be able to go tuition-free.  Unless you're in the top 2-3% of incomes and are willing to turn down HYP for a merit scholarship to a 3rd tier school, the Ivies will be more affordable.

3) A family of two government lawyers makes $300,000.  There aren't too many of them. They are pretty high-income folks who can appropriately afford to pay for their children's college educations.  FYI - That's about the median/typical income level of the families at the area private schools.

The vast majority of applicants to HYP will be rejected. Most legacy are rejected as are most children of millionaires (probably not billionaires, though). Most from Andover and Exeter are rejected, just like most at StA/NCS, SFS, and GDS are rejected. So are most of the applicants from TJHSST, Whitman, and Blair. Those who don't get in will have wonderful, successful lives, no matter where they go to college.

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