<p>“In this case (“school #1”), this MIGHT trump finances”</p>
<p>Make sure that your parents totally agree.</p>
<p>“(2) Northstarmon said “equivalent school”; but I assume a 2nd choice school would not be equivalent,”</p>
<p>Not true at all. The Ivies, wash U, U chicago, Northwestern, Georgetown, all would be considered equivalent schools in that, for instance, Wash U isn’t likely to allow a student to back out of ED after getting a Harvard admission. Wash U possibly wouldn’t care if a student backed out in order to accept a full ride at a state U.</p>