what would happen if I backed out on my ED2 agreement?

<p>“And I know that ED is legally binding …”</p>

<p>There are no legal issues involved. ED is an honor-system agreement, with possible consequences.</p>

<p>Have a look at <a href=“http://www.nytimes.com/2007/11/04/education/edlife/strategy.html[/url]”>http://www.nytimes.com/2007/11/04/education/edlife/strategy.html&lt;/a&gt;&lt;/p&gt;