<p>I don't have the details; I just read this clip on one of my news sources (bloomberg).</p>
<p>Even during a recession, students and parents still believe that a college education is one of the most important lifelong investments, Doris Davis, associate provost for admissions and enrollment at Cornell University said in an e- mail. The university in Ithaca, New York, reported a 5 percent jump in applications from last year, the sixth consecutive year
of increases.</p>
<p>Keep in mind that Cornell is a huge school, and thus a 5% increase means a lot more people applied (compared to, say, if Dartmouth or a LAC announced a huge percentage increase).</p>
<p>Not being negative or anything but 5% seems pretty small; I remember seeing somewhere a 47% increase in another school. I would assume that more and more people in general apply to universities each year?</p>
<p>The University of Chicago posted a 40% increase, probably because of a certain former Law School professor that took a pretty high profile job. It is not indicative of a trend amongst top schools. Any increase is a good thing, but 5% is big for a school like Cornell that is already getting the most applications in the Ivy League.</p>
Actually, i think obama had little to nothing to do with the increase in applicants. What changed was their approach to top hs students. Initially, UofC didn’t really send an applicant much: a letter with a guidebook, maybe an email here and there, and that is the extent of their advertisement.
Now, UofC is determined to actually rise to the ranks of HYP, climbing the infamous, and somewhat shaky, charts of USNWR.
Here’s the scoop:
They are, from what i’ve read, saturating hs kids with emails and news letters with their embraced-reputation that they have on Confidential: a status up there with HYP, without the ivy over-hype that accompanies these schools, thus more accessible. It also doesn’t hurt to mention their reputation as the school with the most nobel laureates.</p>
<p>Good point, Chaotic. I did get more mail from Chicago then I got from most other top schools, minus one really annoying school that’s full of postcard fanatics–coughCOLGATEcough.</p>
<p>With an acceptance rate on par with UPenn now, if Cornell could drop its class sizes, I don’t see why it couldn’t become a consistent top 10 school (like they always talk about wanting to be). Hopefully this restructuring will address that.</p>
<p>I do wonder if the actual acceptance rate will drop to 18% if it will stay at 19% or even rise to 20%. For some reason, Cornell accepted significantly fewer ED applicants this year, which means that its overall yield may go down. If the yield would stay the same, then yes, the acceptance rate would be 19/1.05 = 18%, but you never know.</p>
<p>The math is the math. The overall yield rate doesn’t matter – what matters is the regular decision pool. MetaEzra assumes a slightly lower RD yield than last year.</p>
<p>Actually, MetaEzra is a bit deceptive. Look for the total acceptance rate to be about 19%.</p>
<p>Why?</p>
<p>Cornell will probably over-enroll this year for extra revenue, probably by 70 students as it did last year. Assuming an RD yield of 37%, the university will have to accept about 200 more students. This will put the acceptance rate at about 18.6%. But then you also have to take into account that about 40 students won’t accept ED, as last year. And MetaEzra’s 18.1% figure assumes that ED yield will be 100%, whereas last year it was about 97%. To accommodate for these 40 students, the university will have to accept about 110 more students. This puts the total acceptance rate at 6836/36090 = 18.94%. This assumes a 37% RD yield. It could be slightly higher or lower, but it’ll probably be about 37%.</p>
<p>Penn had a ~20% increase in applications this year, which will result in a 12-14% acceptance rate (depending on yield projections). Cornell’s will be 18-20%.</p>
<p>The University is not going to try to target for anything over 3150 students. North Campus is already bursting at the seams. For revenue purposes, it would be convenient if more students matriculated than expected, but they are not going to target a higher number just because they would like more revenue.</p>
<p>Your point about ED melt is fair, but that would only tick the acceptance rate up to 18.3 percent or so.</p>