Hello friends.
I hardly think I’m sensitive about Chicago criticism. I have posted in earlier times that I had a certain pride in the fact that Chicago was in the outlier group with MIT and Caltech. I am actually the sort of alum who generally worries about bringing too many “regular” people to Chicago–I was worried when they changed the Core, and I was worried when the started taking the Common App (in the Ted O’Neill administration, BTW). I was wrong–changing the Core and taking the Common App didn’t destroy Chicago. I don’t know if these new changes are right or wrong, and I don’t really have an opinion either way. I only advocate for the proposition that the changes seem rational, and that they won’t destroy the essential character of Chicago.
Question for thought: Are folks who would go to HYPS for the same aid that is deemed insufficient from Chicago, and/or who declare Chicago unaffordable upon receipt of more dollars at a lower-tier school (where relative merit may look better)–are these the most credible oracles to opine on what is or is not the true essence of Chicago?
Alas, I bloviate, but a few other reactions:
“Show me the stats on the socioeconomic status of those that apply ED. Show me the stats on the socioeconomic status of the accepted ED students.”
“But to say that ED does not favor savvy wealthy families is wrong. Their strategy is all about increasing yield and increasing wealthier students. To present it as a win-win situation is disingenuous.”
Comment: If the point is that ED skews higher on the socioeconomic scale, then we have no disagreement. In my earlier post, I indicated that this is a correlation/causation issue. To avoid repeating what I’d said before, the summary of my view is that ED-income skew results from information about the process, and not wealth. People in the college rat race (Palo Alto, Edina, Westchester, Fairfax County, plus privates) know that the ED is a high preference–nearly 4:1 vis-a-vis regular at some places (more on this below). That knowledge drives ED applications. It happens that those applications tend to come from wealthier families.
ED may change some things, but it seems to maximize utility for the school, while giving students more choices. I don’t see how characterizing that is disingenuous. The prospective “losers,” in my view, are borderline Chicago candidates. ED may make Chicago more attractive to almost-HYPS SCEA candidates (people who Chicago currently loses to Columbia and Penn, etc.). If the applicant pool thus becomes more competitive, then that’s a great result from the school’s perspective.
And, again, I am aware of no evidence that Chicago will back away from its commitment to meet demonstrated need for admitted students. Thus, my view is that it’s disingenuous to suggest that ED is an elitist tool any more than a 36 on the ACT shows that the ACT is an elitist tool–standardized test scores also correlate with income, right?. Or is that a different kind of poor?
“I feel we can disagree with some admissions practices. Sending junk mail to kids with a 0.1% chance of admission, as when several kids at my school (with SAT scores ranging from the 1600s to 2300s) started getting pamphlets in the mail, is a transparent effort to drum up applications for the rankings’ sake.”
Comment: Amen to disagreement. But the results of my one-household sample suggests that Chicago actually does a pretty good job. Point (1): There remain people, even those who have succumbed to the madness, who do not understand Chicago’s place in the constellation, or the characteristics that make it unique. One can find testimonials on CC or among families that mail was a difference maker. Point (2): My own humble evaluation is that Chicago’s pitch is more nuanced than some. In this cycle (HS junior), the HYP mailings sort of take the approach “you can’t get in unless you apply, so why not apply?” By contrast, Chicago’s letter is more like “we just want to make sure that Chicago is on your radar.” Someone may actually care about rejecting as many people as possible, but the other side of the coin is that expanding the candidate population will raise the quality of the pool and its admits–including from less wealthy/1st generation “reach” candidates, who might also not have the best metrics. Hard to find fault with that.
“Chicago is gambling that a significant majority will choose ED2,” and ED1 vs. ED2.
I don’t see this–instead, I see that the real impact will be at the ED1 level. My pet theory is that Columbia is the overall target for this move. Columbia maintains a very low admit rate and very high test scores, and they seem to do it by cherry-picking in the ED round from among those who (often sensibly, I bet) chose to forego an SCEA app to HYPS. Columbia has the strongest ED preference among the Ivies comparing the ratio of ED admit rate to regular round admit rate, calculated as follows: I made a simple spreadsheet with ED Apps/ED Admits/Apps Reviewed in Regular Round/Admits from regular round. To keep things simple, I made the assumption that all ED candidates not admitted were deferred to the regular round–of course that’s not actually true, because some candidates get rejected early. For Class of 2019, Columbia had 36,250 total apps/3,373 ED apps/2,222 overall admits/573 ED admits. So, there were 35,677 apps considered in the regular round (Total Apps minus ED Admits) for 1,647 places (Total Admits minus ED Admits). The ED admit rate was 17.8 percent (573/2,222), while the regular round rate was 4.6 percent (1,647/35,677). Thus the early preference rate is just under 3.9 (17.8 Early rate/4.6 Regular rate). That’s the highest ratio for an ED Ivy by a pretty good margin (Penn 3.53; Dartmouth 3.17; Brown 3.03; and Cornell 2.0). Also notable is that Penn (with Columbia, the most Chicago-like ED Ivy) is next. Just like SCEA early admits, Columbia and Penn appear to grab the cream of nearly indistinguishable crop.
Two ways this could be thought of from Chicago’s perspective:
- Gains access to top candidates outside the HYPS realm (who Chicago loses to in cross-admit battles by a wide margin), which will level the field re Columbia and Penn (much more winnable as a cross-admit, and thus Columbia/Penn candidates might be swayed by Chicago ED). Admit/attendee pool is stronger by comparison to former system (never were going to get HYPSers, so it was a cross-admit battle against Columbia/Penn/Brown, etc., regular admits and/or a financial aid battle with next-tier schools (Emory, Wash U., Vanderbilt). Very careful to note here that this is in the market evaluation of students/their parents/their personal coaches. The "next-tier" schools are spectacular, just as Chicago is spectacular even when considered with HYPS.
- With access to stronger early candidates (including, yes, some who can pay), the College can sweeten the pot for its very best candidates, something that may start to expand the circle to HYPSC (have my doubts). And if it comes down to equally special snowflakes in the admit process, then it would be hard to begrudge the school for selecting more kids who can pay.
First and foremost, getting the very best students through the door seems to be the primary consideration. So, for a case where only one can be selected, if Kid X, who needs aid, is better than Richie Rich, who can pay, then a top school would be foolish to admit Richie. But, if Richie was as good (or maybe even better) than Kid X, then the school would be foolish to admit Kid X–the avoided aid spend could be used to lure bigger prizes.
I note that I just might be the parent of a Kid X candidate, and that’s ok by me.