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Yes, we’re struggling with the implications of ED. I resent how it’s structured. As more schools admit more of their class ED, it makes the student body of the elite schools even more financially elite than they ever were and lowers the admission rate of the non ED students.
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Well, I would say that elite schools’ student bodies are or will become lopsided with a mix of low/modest income kids and affluent kids…unless more do what schools like HYPS are doing. Many $140kish families can’t pay $40k+ per year for college.