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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=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. [b]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.[/b] 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] You are mistaken. Boston College is need blind and meets all need. [/quote]
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