We told S21 that a school’s financial standing (small endowment, etc.) could be reason to exclude it from his list. Too risky given the pressures of covid.
We didn’t veto it, but we advised D18 to think carefully about issues like impacted majors and difficulty registering for classes at her top-choice college. Once she learned that students routinely get shut out of her desired major, and that the school promotes summer classes as a way to get into oversubscribed courses, she declined. Even with the scholarship she was offered, it wasn’t in our budget to send her for more than 8 semesters. Maybe it wouldn’t have been an issue for her, but I’m happy she elected to avoid that challenge.