<p>“… abandoning binding early decision on the solid grounds that the only kids who could take advantage of it …”</p>
<p>One minor correction:</p>
<p>“… abandoning binding early decision on the solid grounds that the only kids who do take advantage of it …”</p>
<p>Kids needing financial aid could take advantage of ED at their dream school, but tend not to, perhaps out of misplaced fear of being somehow “trapped” into attending a school they couldn’t afford. But no one who wants to compare FA packages should apply ED.</p>