<p>fireandrain:
It may be possible to find those statistics. However, the Presidents of Harvard and Yale appear to have been basing their statements on the admissions records from their own schools. Research on this issue:</p>
<p>From Yale Law Journal:
A 2003 study of students at Harvard, Princeton, MIT, and Yale found that,“among those students for whom financial aid was not a concern,” seventy-eight percent used early admission programs to apply to college; among students for whom “financial aid was important to their choice of college, only48.0 percent applied early.”
<a href=“http://www.yalelawjournal.org/pdf/115-4/Afram.pdf[/url]”>http://www.yalelawjournal.org/pdf/115-4/Afram.pdf</a></p>
<p>John F. Kennedy School of Government Harvard University Faculty Research Working Papers Series, What Worms for the Early Bird: Early Admissions at Elite Colleges:
Early applicants are quite different from those who apply in regular admissions. Jean "Fetter,Dean of Admissions at Stanford from 1984 to 1991, expressed the conventional wisdom aboutthe differences:I would be willing to wager that an overwhelming percentage of Early Actionand Early Decision candidates are white students who come either from selectprivate high schools or from established public high schools in higher-income neighborhoods with well-informed college guidance counselors. They are mostly the children of college graduates who are also well-informed. Fetter’s comments are consistent with our findings. At the colleges that we studied, identified minorities, public school students, and financial aid applicants comprise a smaller proportion ofthe early applicant pool than they do in the regular pool. Similarly, legacies are a disproportionately large percentage of the early pool.
[An</a> Assessment of Early Admissions Programs](<a href=“http://74.125.95.132/search?q=cache%3AgWcY800OduwJ%3Aweb.hks.harvard.edu%2Fpublications%2FgetFile.aspx%3FId%3D31+statistics+show+that+wealthier+student+apply+early+decision&hl=en&gl=us]An”>http://74.125.95.132/search?q=cache%3AgWcY800OduwJ%3Aweb.hks.harvard.edu%2Fpublications%2FgetFile.aspx%3FId%3D31+statistics+show+that+wealthier+student+apply+early+decision&hl=en&gl=us)</p>
<p>From “The Early-Decision Racket”:
*“Yet not one of the more than thirty public and private school counselors I spoke with argued that because the early system is good for particular students, or because they had learned how to work it, it is beneficial overall. On the contrary, they had three basic complaints: that it distorts the experience of being in high school; that it worsens the professional-class neurosis about college admission; and that in terms of social class it is nakedly unfair.”</p>
<p>Charles Deacon, of Georgetown, says, “A cynical view is that early decision is a programmatic way of rationing your financial aid. First, the ED pool is more affluent, so you spend less money”—that is, give less need-based aid—“enrolling your class. And then there is absolutely no need to compete on financial packages. I am dealing with a very attractive candidate right now, admitted in our nonbinding program, who is comparing our aid package with”—and here he named a famous East Coast school that has a binding early-decision plan. That school, he said, had just come up with an offer that was all grant, no loan. “If she had applied there early decision, they wouldn’t have had to do that.”</p>
<p>“The whole early-decision thing is so preposterous, transparent, and demeaning to the profession that it is bound to go bust,” says Tom Parker, of Amherst. “I can’t think of one secondary school counselor who sees the benefit of the program.”*
[The</a> Early-Decision Racket - The Atlantic (September 2001)](<a href=“http://www.theatlantic.com/doc/200109/fallows]The”>The Early-Decision Racket - The Atlantic)</p>