Perhaps, but there were a lot of people who were accepted in the beginning who probably won't get in anywhere else. If this was truly a money making scheme they'd have handed out spots like candy to people with higher stats while they had a captive audience. As it is, they were only ahead of some of the other schools by a couple weeks, and most schools by about a month. And the staff have said they were really surprised by the number of people who put down deposits. I think they really thought that the $3000 would be more of a deterrent, and since they've now discovered it's not quite the deterrent they thought it would be, they're trying to free up some of those seats by offering a partial refund. In the end though, students are using BCOM as nothing more than a safety net until they get into the schools they really want, and I really don't blame BCOM for using them in turn to raise more money for the school.