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[quote]
To the certain delight of some lucky students, the area's Ivies - the University of Pennsylvania and Princeton University - both will dip into their wait lists, but not nearly as deeply as last year.</p>
<p>Penn exceeded its freshman-class goal by 19 students. But, concerned about summer melt, it will turn to its wait list, said Eric J. Furda, dean of admissions. Its "yield" - the percentage of accepted students who enrolled - is the same as last year, 63 percent for early-decision and regular-admission students.</p>
<p>Furda called the new class, 48 percent of whose members are early-decision students, "the strongest and most diverse" in Penn's history.</p>
<p>Princeton already has informed 31 students on its wait list that they can come after all. It fell 16 students short of its expanded freshman-class goal of 1,300.</p>
<p>"The yield is up this year [to 59.7 percent], which we are delighted about, especially in this economy," said Janet Rapelye, dean of admission.
<p>bad news: my parents went to penn, my mom was involved in admissions for a while and she said that over 75 percent of waitlist students who were accepted had been legacy kids who had not given enough money to penn and of course changed their minds once they got waitlisted! THATS CRAZY</p>
And also blatantly FALSE. Statistically, most students accepted from the wait list aren’t even legacies, let alone legacies whose parents suddenly made large donations.</p>
<p>^ Nope. It was inspired by a thread here a few years ago in which a then-current student (ilovebagels, perhaps?) joked that Penn alums who had been admitted when 45% was the acceptance rate, should feel indebted to current Penn students who surmount a much lower acceptance rate and, accordingly, enhance the prestige of the school. I am one of those indebted old alums. :)</p>
<p>Hmm that’s not very comforting. I’ve prowled around and apparently they call you if you do get in, but I’m wondering how do you know if you didn’t?</p>
<p>What do y’all think will happen to the number of Wharton applications next year? I think they will decline in light of the economic crisis. Ironically, now is the best time to go to Wharton because employers are always hiring vigorously coming out of a recession–there’s a lot of money to be made, and they want to be the first ones to make it.</p>
<p>i wouldnt be too sure 45Percenter, Penn is “famous” for its underground wheeling and dealing with alumni. They do coax large amount of money from strongline Penn Families who have waitlist kids is all im saying.</p>