Almost all the Ivy League schools (and their close cousins) reported record low acceptance rates this week.
- Stanford led the way with its record low acceptance rate of 9.5%. It accepted 2,400 of the 25,298 candidates who applied for the coming fall.
- The acceptance rate at Harvard tumbled from 9% last year to a stingy 7.1% this year in the wake of Harvard's new and generous financial aid policy and soaring application volume.
- According to the Yale Daily News, Dartmouth reports a 13% acceptance rate.
- Yale reported "a record-low 8.3-percent acceptance rate for the class of 2012."
- Columbia also had bragging rights according to the New York Times:. A record low 8.7% acceptance rate.
- And again according to the New York Times, Brown boasted of a record-low 13% acceptance rate.
- Princeton stated that it "accepted a record-low 9.5 percent of applicants for the Class of 2011, admitting 1,791 of the 18,942 prospective candidates."
- Penn is the only Ivy to report even a small increase in acceptance rate from 16 to 16.4%.
Should these stats be "frenzy inducing" as The Chronicle of Higher Education predicts they will be?
They shouldn't be.
The Chronicle also points to a study that is very good to think about if you or someone you know is applying to college:
In 2007, for instance, 80 percent of current first-year students were admitted to their top-choice college, according to an annual survey of more than 270,000 freshmen conducted by the Higher Education Research Institute at the University of California at Los Angeles.
The sane approach to college admissions requires viewing the process as one of finding the right fit, not the biggest trophy to hang on your resume or the glitziest name to dazzle other drivers from the frame around your license plate on the back of your car. It's not an ego trip and or a score card. It's a matching process.