ED is considered a privilege because a very large number of students need to compare financial offers. Even “meets need” varies by large amounts from school to school.
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Usually, Universities allow admitted ED to back out due to inability to pay. Nonetheless, this world in real life has never been 100% “equity” and it will never be. Some people are born smarter, prettier, from more lovely and responsible family. You can not blame this. The “inequity” is the major incentive for human to work harder, smarter ever since this world exists. There is nothing wrong with this. America has done more than enough to mitigate the gap part of which is largely need-based college attendance cost while K-12 can be completely free with even free meals and transportation. We should all appreciate this while it still lasts. For families who pay full cost 90k/yr, most of them are just working families. A small fraction is billionaire. They have double incomes, save more, work harder or probably are slightly smarter to begin with.
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Some people can pay but then decide a less expensive school is still what they want.
Maybe Cornell is $90k or $60k or $20k but an alternative school is half and the student or their parent changes their tune - even if both are affordable.
So one may have the ability to pay but still back out.
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My son’s school had a case like that last year. One of his upper classmates was accepted by a school via ED and later he backed back (the kid’s family has $$$ ) but he got into another top school. The ED school sent a warning letter to my son’s school and the college counselor that it was not unacceptable, and something like if the same thing happened again, students in the future would be treated differently. (I don’t recall the exact words from my son). A strong warning.
To be honest, I don’t disagree that ED may favor a richer family and everything has multiple sides. I can tell you that I am not rich and I am middle class (never owned any luxury cars - only Toyota and Honda). I encouraged my son to apply ED to Cornel or ED2 to NYU, not because we have enough $ right now but because I told him that I would get loans and downsize the house to pay for his college.
Yesterday, he told me that if he did not get into Cornell or NYU, he would go to State University and save $$ for me. He is such a good kid. As a parent, a house is nothing compared to my son’ Dream school.
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I don’t like ED. It’s not fair to kids. They are too young.
You do you for your kid - but if it impacts the quality if your life, I absolutely abhor your decision. I don’t have to like it though. I’m not you and it’s wonderful the sacrifice you are willing to make. But it’s not necessary - IMHO.
Best of luck to your student. In this case tho, for your sake and your financial future, I hope he doesn’t get in.
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That’s not really allowed according to the ED agreement and IMO, unethical.
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Did you actually read the early decision agreement you (and your child) signed?
Here it is:
“If you are accepted under an Early Decision plan, you must promptly withdraw the applications submitted to other colleges and universities and make no additional applications to any other university in any country. If you are an Early Decision candidate and are seeking financial aid, you need not withdraw other applications until you have received notification about financial aid from the admitting Early Decision institution.*”
Unless I missed it, that agreement says nothing about the odds of ED admission being higher (in fact, most selective schools go out of their say to specifically say that it is NOT).
Now I happen to think that binding oneself to a committment to enroll when the institution has committed little in return other than an earlier decision date is not a great deal but that is the deal that many of us (myself included) took.
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Agreed if you sign then you acknowledge you’ll come. But some apply for the perceived lift and don’t care. It’s wrong. But legally it doesn’t hold weight.
I wish penalties could be extreme.
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If there is no meaningful higher chance to get admitted, why would anyone apply for ED then? In this regard, cutting ED rate dramatically by the school over previous 3 years’ average AFTER ED deadline is certainly immorally legal at best. We live in CA and we do not want to go to that icy place if the school is not the top choice. Nonetheless, both my kid and I do not count this too much. If admitted, we are happy. If not, we are happy too. There are many other good choices. If my kid gets rejected next week, we will not sue Cornel, nor will we blame need-based socialism or anything. Relax. no big deal. With so many ■■■ stuff in elite schools going on right now, they are not as glory as before and some of them are probably at the beginning of end if this trend continues.
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A real life example for thoughts. I paid full tab for my older one who went an elite school. He walked all the slopes for all the years he was there because we couldn’t afford another car. He rides bus — 10 hours one way home because flights are too expensive. In the mean time, a friend of his who got in as 1st gen thru quest bridge drives Tesla, joins fraternity with exorbitant fees, fly out for luxury spring breaks while mine working minimum wage jobs. I CAN absolutely understand how many middle class hard working parents feel. Not only we subsidize other kids tabs, our kids also need to move over and yield to whatever the priority admits might be. Surely everyone understand that life is not about fair and that everyone is in charge of their own life style choices, HOWEVER it’s despicable for some to howl around and hurl insults at these middle class parents when they try to voice their concerns. Not sure how someone can ALWAYS find a moral high ground to do that. Perhaps that’s why the society is where it is today.
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Let’s move on from discussing the merits of ED, backing out of ED, the discrimination of ED, etc, and return focus to students who have applied ED.
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I have looked at several websites for the ED decision release date but there seems to be some conflict on what the actual date is. Does anyone really have a good idea of the actual release date?
December 14 @ 7pm
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Was this posted? I didn’t see it on the portal and no email yet.
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The guidance counselors got letters.
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My daughter didn’t receive email on Financial session for Dec13th, she is ED applicant
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Did you request financial aid? If so check your spam.
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The financial seminar is posted on the cornell website on their events calendar.
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Thank you for replying , I haven’t requested , where do i can find it to request ? I tried checking the event calender could not find it , please when get chance share the url
Thanks a lot
I am not allowed to add a link here.
But you can google Cornell Financial session December 13 2023 and it shows up at the bottom of the page.
My daughter got an email to register as well.
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