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College and University Discussion
Reply to "The ED game is nuts!"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote]Anyone can ED.[/quote] Sure - anyone who can afford to pay the tuition without comparing FA and merit offers. How many middle class families can afford to do that at at $80K+/yr for schools like NYU, Tulane, Northwestern, BC, Northeastern, Rice, Middlebury? Chance of admission is higher and most of these schools are taking 50% or more of the class ED. It doesn't benefit a kid to apply ED if they can't afford it, so yes it's a big hook for full pay kids.[/quote] and again low income families who get low NPC. They ED without much pressure unlike middle class families. [/quote] You do realize that not every school out there is need blind and meets need, right?[/quote] Which is why the ED card needs to be used very wisely. There are about 25 schools that will make it all work. If you have a Princeton or Stanford caliber kid, finances aren't going to be an issue. They will though at say Boston College. Just using as an example. Do the financial calculator for every school. ED is very advantageous for the wealthy and those needing significant aid from the very best schools. I mean, Princeton is free for any family earning less than $100,000. And significant grants upwards of $300,000. There are other schools like that. But they are all elite schools with enormous endowments. ED is a game that will vary according to every family's circumstances[/quote]
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