GCs aren’t paid, or required in their job descriptions, to advise or look after applicants’ finances, and most of them, especially those at large public schools, don’t, Unfortunately, most applicants and their families also don’t understand fully the pitfalls of ED. Primary beneficiaries of ED are the colleges, not students, despite what many of them have been led to believe. So the responsibility lies with the colleges that offer ED for their failure to warn applicants of the risks associated with ED. Among those risks is that colleges aren’t incentivized to offer their best FA packages to ED applicants.
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