Scam is a bit strong. I think it is a fair trade for the school taking a risk on students based solely off their first semester grades.
If you assume that you do as well second semester as the first, EA is stupid. But we all know what assuming does.....Getting accepted EA to GULC is a solid insurance policy for the t1/TT crowd against their grades slipping second semester. It a bit more significant than "peace of mind"
Yeah I agree with this. I went through this process last year and I looked at a GULC acceptance as education insurance. It sucked to drop the money on deposits since I didn't end up going there but I'd do it again if I had the choice.
Especially for a TT transfer, where OCI at your home school may be incredibly lukewarm, even a less than exceptional GULC OCI would be much better. Sure you may throw down a deposit for it, but hey, worse comes to worst, you're still in at one of the top schools in the nation based off of one semester's work.
I agree with this as well. As for OCI, even with a full set of placement data, it would be tough to evaluate. For example, maybe only half the transfers secured an SA but maybe the other half bid on firms that were too prestigious, or only DC firms, or on firms outside their ties, etc. (I'm not saying only half got SAs, I just made that up). I'm just saying that, if you transfer, bidding strategy is absolutely critical and its tough to tell how a transfer class (or any class for that matter) did without knowing everyone's bid list.