Well, sure, a whole lotta somebody’s money is being spent, but it’s not all the student’s nor the family’s -some of the schools that play games like this are offering some still pretty great need based or merit based financial aid. And these students don’t want to complain and perhaps sound ungrateful. When the bill for freshman year arrives 60-90 days after, parents and students have had the opportunity to apply for loans, that are not yet available in early March.
Again, It is the non-refundable aspect that some schools use, and for some schools the fact that not playing the game may end up costing the applicant more if they don’t commit early enough to get the cheaper housing. For a student getting $50K of aid off a $60K bill, they still have to pay $10K. But if they don’t play the game and get more expensive housing, it could cost them $12K - twenty percent more. If they were struggling to pay $10K, sometimes $12K is out of the question - I know in my family two thousand dollars is a very big deal - it won’t completely break us but we’d feel it a lot more than most of the families here on CC.
I don’t expect a lot of sympathy here, as I know not a lot of folks here really relate to what living on the edge, maybe not quite paycheck to paycheck, but close, can mean. I am sure there are some here who don’t want to consider how policies like this can affect these people, or who will simply say - well you just can’t afford to go there so why did you even apply? But of course, they will say that not understanding that maybe some of these families can afford $10K but cannot afford $12K. And while they would really struggle to pay $10K, they would prefer to make sure that the other options - hearing from schools where it might cost them $6K or $8K - but they don’t know that until they hear decisions at the end of March.
IMHO, the schools that play these games need to be called on it - and from what I understand some are getting better at the housing transparency issue - at least, more are making the housing estimate in the COA calc used for the FA letter more likely to match the highest cost dorm, instead of the “average” or worse, using the lowest cost dorms.
But I think it is disingenuous to tell a family it would cost $60K but after aid/loans it will cost $10K, then say oops, you didn’t jump through this hoop in time, so now it will cost you $12K. Some may disagree with me, and if they don’t say so out loud, they may still be thinking this is simply ungrateful. And it is a fear of this attitude that prevents many from complaining.
Sounds like most folks here don’t want to consider possibility that the little benefits they get by committing early might just be pushing away some other applicants. They’d rather say it’s a shame that some others cannot afford the privilege of attending, instead of admitting that the benefits they got for their own families are even a small part of the problem.