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by hkmurakami
4824 days ago
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The reason they are now more selective (percentage-wise) is simply that more people applied. A more accurate description would be "Stanford's increased marketing efforts got more people to apply". It's a trend nationwide, a race to the bottom to game the school rankings system. Edit: It's not limited to undergrad programs either. Business schools are at it as well. Edit2: It helps their top line too. Application fees are something like $100, marketing costs are definitely an order of magnitude smaller, and the cost of processing one application (especially if they just get rejected right away) is quite minimal. |
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32,000 applicants * $100 = $3.2M
That's chump change for Stanford. They have an $18B endowment and massive tuition revenue.
The idea that they run their application program as a profit center is ridiculous.
And while some schools may "game the school rankings system," Stanford hardly needs to.