<p>I think the percentage is higher for the selective programs only because people self-select. If you have a 2000 SAT and a 700 Math II, you might throw caution to the wind and apply to Penn, but you’d be insane to apply to Jerome Fisher, LSM, Huntsman, etc. These programs accept only a handful of students and each one accepted is beyond amazing. There aren’t too many students who have a realistic chance of acceptance into these programs, so the numbers of applicants drops. That’s not true for regular admission to Penn or other Ivies. For example, I know at least 25 people in my school who applied to Penn, and a few of those have SATs below 1700. They are willing to spend the money to take a one in a million shot. They wouldn’t dream of applying to Wharton or JF.</p>