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][quote=Anonymous][quote=Anonymous]
ED = full pay
[/quote]

It's interesting that some folks are hell bent on spreading misinformation. One can only guess that their intent is to reduce ED competition by discouraging others to apply. The correct statement should be:

ED = pay up to what the NPC says, or entitled to get out of the ED agreement[/quote]

This! We received generous financial aid from DC’s ED school. Lined up with the NPC.[/quote]

Yea, of course there are exceptions but schools use ED to figure out their budgets for RD because they can clearly assess the $ coming in. And the majority of kids applying ED will pay full sticker or close to it. If the kid isn’t entitled to FA (and pretty much any family with an HHI of 250k or more will not be) then that family will be expected to pay full sticker price. This is why ED is a rich kids advantage [/quote]

Life is full of things where others have advantages.   Not everyone can afford a $75K+ BMW, so most people dont' drive one.  Instead they drive a $25-40K vehicle they can actually afford.  Nobody is entitled to drive a BMW.  Same applies to colleges.  There are literally thousands of good colleges that will be affordable (if your kid has the resume for a T25).   Yes, rich people get some advantages in life because they can afford to pay for things.  Just like the rich kid likely had tutoring whenever they struggled, and parents who read to them starting at birth and involved them daily in enriching activities from a young age, which gave them many advantages over a kid with a single parent who worked 2 jobs and was struggling to make ends meet (no tutoring possible).  [/quote]

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