It may be a little late to regret your early decision application to college (it is October 31, after all), but for future college applicants, this is worth reading. You will also find a link to another article - Early Decision: Better for Colleges Than for Students.
Students who apply ED should be 100% sure that this is the right school both academically and socially and not apply early just because they think they have a better chance of getting in. Yes, your odds of acceptance are greater at some schools, but if's really not a good fit for you, what's the point? I have seen many students who, after getting accepted early, start to have doubts, especially when their friends have several options to choose from.
There are also financial considerations. Although you can still apply for merit and need-based scholarships, you are basically telling an institution that you want to go to that school, no matter what. Your parents have to sign off on this decision, as do your college counselors. We don't take that lightly.
So before you take the early decision plunge, think through your decision very, very carefully. And then think through it again. And then maybe one more time.
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