<p>Rising prices aren’t an indication of recession. The higher gas prices is due to one of its input prices(price of oil) rising due to the protests in the Middle East.
We could be in a boom and gas prices could be higher. Thats not a recession.
Edit;where’d the quote go?</p>
<p>I guess the increase to a 3.5 just means that the cushion for admittance is a lot smaller. Before, you can weed out a small percentage of people with a relatively lower 3.xx GPA, but if this 3.5 GPA thing gets implemented, it would already mean that the lower 3.xx got weeded out. </p>
<p>I guess you can look at it both ways:</p>
<p>There will probably be less applicants that meet the requirements so those with a 3.5+ will have a larger chance</p>
<p>OR</p>
<p>All applicants are 3.5+ which makes the selection process even more difficult when everyone is around your level.</p>