<p>From the anecdotal information I am picking up from Admissions blogs and newspaper articles, it would appear that high school seniors are using double (and multiple) deposits to hedge their bets in a very uncertain economy. For example, Student X deposits at the more expensive dream school as well as the less expense state school in case their parents lose their job.</p>
<p>Admissions officers are openly admitting that they won't know how their enrollment will shake out for several months.</p>
<p>Expect "summer melt" to be especially strong this year and wait lists to be active well into August. On top of a lot of people hedging their bets, many may decide to take a year off to earn money or until their parents financial situation improves.</p>
<p>We live in very uncertain economic times and the impact on enrollment and yields has yet to shake out.</p>
<p>There is a lot of anxiety in college admissions offices as the balancing act continues...</p>
<p>Have a serious question here. I made a deposit at a school that accepted me, they had a deadline, they said I could have lost my spot if I didn’t meet the deadline. The other school, my reach school never gave me a decision so I called them up, after my deadline and deposit at the other school, because I was curious. They said that they would check on it and ten minutes later they let me know I was in. Now I want to go to that school and wondering how I should go about dropping the other school so I can make a deposit at the other one. Don’t want to do anything unethical here. There really was nothing I could have done. What if they wouldn’t have accepted me? I wouldn’t have a place to go. I also wouldn’t be able to get my veteran benefits. I live off of those</p>
<p>Congrats on getting into the reach school. Just call up the first one and tell them you’re withdrawing – and if there is any portion of the deposit you can still recover. you might not be able to.</p>