So you can’t apply to Penn ED and MIT, Caltech, UChicago any longer. (I’m sure there are more I’m not thinking of). I wonder if they were getting some kids with EA financial offers on ED that they were having to match or let them go based on not meeting need? I think this will hurt Penn but I guess this is their counter to UChicago. It probably helps the prestigious state EA schools though since Penn ED applicants will probably do more applying to places like GA Tech, UVA, UNC, Michigan, etc. rather than MIT, UChicago, etc.