@turtle17 We are talking about Tulane but you are right we could be talking about any of the schools using EA. The problem with going to ED only is that the majority of kids won’t apply ED. ED is perceived as being attractive to some applicants because usually a higher percentage of applicants gain admission, and the overall stats from the admitted pool are lower. This is a false impression though because all of the athletes, band members, legacy students, etc are included in that ED admission pool percentage. This drives up the acceptance rate and drives down the stats. If you are not one of those types of special cases, it doesn’t help you to apply ED. Most students are not poor enough or rich enough to apply to a blind contract using ED. This really limits the pool for the universities that are not “elite”. As far as Tulane’s yield in particular, you are wrapped around the axle on the 22% yield(which would be only 5% to 8% yield left up to chance alone), the 22% that they end up with represents largely the students they wanted the most. They get them with the money they offer. The odds of a student that is admitted actually attending goes way up when they are given $30k per year merit aid. The odds of a student attending that is given only $15k or less goes way down. They offer the most money to the students that they want the most, and those people make up most of that 22%.