Well, rather than using “@” symbols (which seem to provoke the worst sort of righteous bloviation–as guilty as anyone, I suppose), a few thoughts.
-Appeals to the great Ted O’Neill are in accord with the “un-conserving conservatives” I learned about from the late Arthur Mann in the Social Science Research Building back in the day. Reminiscences about a false Chicago as it used to be seem unpersuasive. Chicago is one of the world’s great universities. But, for a number of reasons, the College was a less-valued part of the larger institution. That’s changed now, and it’s all to the good. Don Levine (sadly also no longer among us), then Dean of the College, once remarked (c. 1984) that Chicago was sort of singular in that people tended to claim a right to comment on what Chicago does or doesn’t do. Indeed, Dean Boyer’s Occasional Papers on Higher Education seem styled to tell the true history of Chicago as a counterargument to those who “remember” a Chicago that never was. My Chicago was wonderful. It was also small, musty, and had pretty awful services. I am jealous of today’s students. Look at videos of people dressed as french fries or wearing horse head masks to welcome new students, or walk the campus and note the number or undergraduates wearing cloaks and capes–“Chicago” is alive and well. That Nondorf’s regime doesn’t care about applicants or has somehow changed the essential character of Chicago are both unsupported by evidence. Chicago is, was, and will (hopefully) forever be defined by the culture of rigorous inquiry. That’s driven by the faculty, and students who choose Chicago for the wrong reasons (U.S. News) will (and should) have a miserable experience.
-I don’t think anyone has even tried to take on the essential points I tried to make. (1) ED brings in more good kids; (2) if more of those kids can pay, then it frees aid money for the College to pursue the very best candidates (e.g. big merit money for HYPS-level admits). For both those reasons, it’s good for the school. Better students drive the (stupid) rankings, which generate buzz, thus leading to even better students. The buzz factor also seems to be relevant to big money donations, which are (shocker!) the lifeblood of these institutions.
-Claims the ED makes boxes out candidates on financial grounds strikes me as a canard for several reasons. Most importantly, the College continues to guarantee that it will meet demonstrated need for admits. So, claims that ED is a financial deal-breaker means either: (1) Chicago (and every other top school) is lying; or, (2) folks may have a sense of entitlement such that they’d like their child to go to an expensive school without any sacrifice. Books or articles contending that ED favors higher socioeconomic status conflate correlation with causation in the same way that some claim that standardized tests are biased against people who don’t do well on standardized tests. More clued-in people apply ED, because the preference factor is higher (almost 3X for Dartmouth). Applicants who are more knowledgeable about the process tend to be ED applicants, who tend to be relatively wealthier–and “wealthy” in this sense here probably means you, gentle CC reader (though we’d prefer to cloak ourselves in virtuous “just folks” garb). If you’re a CCer with an opinion, then you’re “wealthy” for the purposes of the ED discussion–the beneficiaries and not the victims of ED’s supposed flaws. Further, one can still be a financial aid candidate and apply ED–it’s false to suggest otherwise, or to suggest that any school was (or is) totally “need blind.”
-A “need” to compare offers is itself specious. As stated, Chicago (and other top schools) meet demonstrated financial need. Another perspective is this: Assume that little darling was admitted to HYPS. You’d probably find a way to make it work, wouldn’t you?
-EA is still available–indeed, the College’s “Application Program Selector” tool suggests EA if it’s necessary to compare financial aid offers.
-In the overall scheme, roughly speaking, the candidate pool strata are: (1) admitted SCEA applicants to HYPS; (2) accepted ED candidates to non-HYP Ivies, plus Williams, Amherst, Pomona, etc.; (3) everybody else. In the prior system, Chicago’s legitimate enrollee candidates were in Cat (3–Cat 1 students were not realistic, because very few HYPS/Chicago overlaps would choose Chicago, and Cat 2 candidates were already spoken for. With ED, Chicago is at least honest enough to admit (for now) that it is not on the same plane as HYPS. By competing in Cat 2, Chicago should get better kids (and maybe more kids who can pay). Cat 2 access allows making a play for some Cat 1 candidates. The people paid to make decisions have made a decision, which seems perfectly sensible to improve the quality of the students in the College and the financial health of the institution. The changes may elevate Chicago to the top level, they may prove to be a disaster, or it they might have no major effect. It’s not wrong for Chicago to make decisions that improve the quality and reputation of the institution–f you’re old enough, you can remember a time when Stanford wasn’t “Stanford.” Bold management choices matter.
-If you’re really wealthy or really poor, then there’s no problem. But if you’re like most of us in the middle, if you’re admitted, then your child can go to a top school, including Chicago, provided you’re willing to forego the Tesla/beach house/Botox/personal trainer/daily soy latte. Colleges do not exist to provide transfer payments that subsidize lifestyle choices. If one is unwilling to sacrifice, then enjoy Emory, Carnegie Mellon, Wake Forest, Tufts, or some other school that will provide more merit aid. And there’s always State U. Any of those are great choices.