<p>"Population declines and concerns over how to pay for a college education contributed to a roughly 9 percent decline in applications to Penn State this year, university officials said.</p>
<p>There were nearly 54,000 applications for all Penn State campuses from potential first-year undergraduates applying to start this fall, according to figures provided to The Associated Press, down from the more than 59,000 applications received to start last fall." ...</p>
<p>Market forces. Nine percent is significant. Maybe the bubble will burst.</p>
<p>By how much percentage, did the number of applications in 2012 increase compared to 2011 ? That’s how we should compare. </p>
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<p>That’s what happens when applications are down. You have to accept borderline low stats students and majority of them will try to attend the highest level university they got into (in most cases that university might be PSU). Anyway do you have a link ?</p>
<p>As of 4/19/13, I was told (so no link) by some pretty reputable sources that overall applications were down, quality (of the admitted pool) remained about the same, they admitted less students, but yield was up about 20%, so that they were actually running ahead (incoming freshman accepts) from last year. This is tracked daily vs. historical numbers, so things may have changed since then, but it was from a good source and in a large room setting (about 100 people heard the same thing).</p>