Reply to Is Early Decision Just Volunteering to Give Away All the Cash You Have?

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[quote=Anonymous][quote=Anonymous]We are middle class. Both of my kids got in ED at T20 schools. Unhooked. We did the Net Price Calculator before applying, and found the number doable, though stressful.

But when they were accepted and we received the packages - basically, discounts - both turned out to be much more generous than anticipated - especially the second kid. There are zero financial issues for us. These expensive T20 private schools are much cheaper than the alternatives.

The downside is that they didn't get a chance to apply to Stanford or MIT. But they are both very happy at their schools, so no regrets.

The biggest problem with ED is that you are foregoing other possibilities. And that's no small thing. But my sense is that if certain high endowment schools want a student, they will make it work. No one is saying no to Princeton for example because it's too expensive. 
[/quote]

If you want to see all other possibilities, then you simply don't do ED.  It's a choice.  Everyone can make it
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