Education

Early action binds the student if they are accepted regardless of the financial aid package offered. With changes to FAFSA, that makes it risky for middle class and upper middle class students who cannot afford full freight if aid is too low.

My son is a senior in high school this year and several of his colleges have sent multiple emails and snail mail encouraging him to switch to early decision. It gives them number and money security, but is a total no go for us because financial aid will be a big part of the decision as to where he goes. We're upper middle class, make too much for most grants but not enough to just write a big check. So, that will be part of the story.