@OHMomof2 Oh, I’m well aware. (I work in higher education.) My argument is that rather than allowing the free market capitalism of incentives for those willing to commit early, NACAC could have responded by arguing that early decision–which locks customers in–is itself anti-competitive, and that free market capitalism would operate better without it.
Student A gets locked in to attending College X, his ED school, WITHOUT seeing a financial aid package.
Student B who applies RD may have less of a chance of getting in to College X, but will have MORE ability to compare prices because Student B is not locked in.