Should I apply early (early admission) to university?

So, you're preparing for the SAT. But should you apply early for university?
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It's important to understand the pros and cons of early admission.

Early decision serves many colleges well. Students applying early decision agree to attend if they are accepted, which enables admissions officers to lock in a percentage of their freshman class. They get to spread out their workload so they aren't quite as overwhelmed with applications in January.
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