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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]
Yup.  That’s why ED is a rich kid’s game.  Poor kids need to see the financial aid offer and can benefit by comparing packages.
[/quote]

I don't understand this. Say I'm a (relatively) poor family with only a 25k budget. I ran the NPC of my kid's favorite, need-blind school and the net price after need-based aid is 20k. Seeing that this estimate is within budget, my kid ED there and is fortunate to get in. If the actual offer is anything below 25k, we're done. If it's anything above, we can get out of the ED.

So why is ED a rich kid's game? Honest question because I've seen this way of thinking a lot on DCUM, and am afraid that there is something fundamental I just didn't know. (I understand that waitlist is mostly need-aware which is when rich families have advantages.)[/quote]

The only people who complain about ED are those in the middle/donut hole.  They want to actually compare merit offers from multiple universities.  Because you are correct---run the NPC and if they don't give what they said, you can get out.  What those people don't realize is that for majority of schools where ED matters at all, those schools do NOT give merit (or only give merit to 10-15 of the incoming 2K kids, so no merit really at all). And that won't change for RD/EA.  So what the parents are wishing for doesn't happen anyhow.  What they are really saying is "we might pay $90K for university X, if our kid doesn't get a better offer from a really good university that we deem ranked high enough". And they are pissed that they cannot get the benefit of ED to that school and also see if a school ranked 31-40 will give their kid excellent merit.

But you are correct, anyone can do ED even those who need FA.

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