Time value of money biatch.ManoftheHour wrote:But bro, it's free. Also, your deposit is only $300 instead of $400. If you knew ITTTT was your first choice, wouldn't you want to save $100?Cicero76 wrote:Did you guys know that ITTTT Law has binding early decision? I just found it on their website. That blows my mind. With their admissions standards, is it even possible for there to be an advantage to applying ED? It's not like they can lower their requirements any further for you.
"The benefit to applying under our binding early decision program is the opportunity to secure your seat months before regular applicants will be able to do so, to be considered among a smaller pool of applicants, and the reduced deposit fee of one $300 seat deposit rather than two deposits totaling $400."
ETA: Actually, that shit doesn't make sense at all. Don't these deposits go towards the tuition that you will (and have to) be paying anyway? Eventually you'd have to pony up for that $100 anyway right? Dafuq.
That $100 in a portfolio with an annualized yield of 7% over 6 months is $3.50. That's bank compared to the negative income of an indebted, unemployed ITTTTT grad.