A guest essay arguing that early-decision college admissions are unfair prompted a wave of reader responses calling the policy a "racket." Critics singled out binding early admissions programs for privileging wealthier, better-advised applicants and skewing access to financial aid. Admissions officers, financial-aid offices and trustees are likely to watch the debate closely: changes to early-decision policies would alter yield-management, enrollment projections and the timing of financial-aid offers. For clarity: early decision is a binding admissions option that requires admitted students to attend, often affecting waitlist management and institutional financial modeling.
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