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College and University Discussion
Reply to "For Which Elite Colleges and Universities Would You Pay Full Price ?"
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[quote=Anonymous]If you are UMC and you have a high stats kid, most of them still won’t get into these very top schools because there are just not enough spaces. There also isn’t endless room at UVA, assuming your child even wants to be at a big school. This means that your kids are more likely to either get into lower ranked schools that are still very good schools. But you all know that ED generally increases those odds. (Yes. I’m aware of athletes and legacies but at many colleges ED still makes a really big difference.) ED sucks, but it’s the game you play if you want to be sure of many schools. And when you hear about how so many qualified applicants get turned down RD at target schools, if you’ve got the money, ED becomes more and more appealing. Realistically, I don’t WANT to pay full price at any school that’s costs 80k a year, although I’d feel a lot better about paying that at an Ivy League. But I know my kid isn’t getting into an Ivy League school—or rather that the chance is too low when compared to doing ED at a lower ranked school that still has a good reputation. I don’t want to “waste” that chance. Earlier in the process, I was committed to not doing ED because I was chasing merit. But now I just want to make sure my kid gets in somewhere they really like. So, we’re probably doing ED at a solid SLAC with a 30% RD rate that bumps up to over 60% ED knowing that we might be giving up merit. Or not. I know some people who did ED and still got merit. But we won’t know. Or we’re doing ED at a high ranked LAC (top 15…or was before rankings just changed) knowing there will be no merit. It’s super messed up, and I know we don’t have to play the game. But lots of parents are and that’s why it exists. [/quote]
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