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Why is ED a bad idea for people with financial need?

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If a student applies to a 100% need met school and the net price calculator is affordable, then is ED really a bad idea? The biggest concern I see on CC is that you won't be able to compare financial aid packages. I don't understand the need for this. If you get accepted ED and you can afford it then great. If you can't, then you can decline due to insufficient financial aid and you can apply to reaches/matches that will hopefully be affordable or you can still have your affordable safety if nothing else works out. So why are people with financial need told not to apply ED?

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