<p>I agree that any student who is “sophisticated” enough to apply to HYP should also be “sophisticated” enough to understand his or her early acceptance options. In addition, IMO it takes the same level of sophistication to increase one’s chances of moving from a waitlist as it does to understand early options. And in most situations, moving off the wait list carries the economic burden of forfeiting the initial deposit (required at all but a handful of colleges – not Yale and several others, I believe). No benefit to lower income students there. </p>
<p>And talk about stress! At least with SCEA/ED, many students are done with the stress factor by December. This year, with the trickle-down effect, large numbers of students may feel uncertainty about their college destinations well into the summer.</p>