Stetson projects admit rate will drop to 12%

<p>Bloomberg News Service reported today that Penn’s Director of Admissions, Lee Stetson, expects the percentage of applicants admitted to Penn to drop to 12% from 17% as Penn begins accepting the common application.</p>

<p>In a telephone interview Stetson said, “Penn’s goal is to attract up to 2,000 low-income applicants along with the roughly 21,000 others expected to seek admission for Fall 2007. We’re broadening our market with applicants who thought they couldn’t afford it or thought the application was too tough to complete [and didn’t apply].”</p>

<p>Bloomberg also reported that Columbia will begin accepting the common application, leaving Brown as the only Ivy League school that does not.</p>

<p>Everyone saw that coming, but the drop in expected percentage points just amazes me.</p>

<p><a href="http://www.bloomberg.com/apps/news?pid=20601103&sid=a32FkzTYP9F8&refer=us%5B/url%5D"&gt;http://www.bloomberg.com/apps/news?pid=20601103&sid=a32FkzTYP9F8&refer=us&lt;/a&gt;&lt;/p>

<p>Why wasn't I born a year earlier?</p>

<p>thank god i was. good luck 11ers, you'll need it if his prediction turns out to be reality!</p>

<p>maybe this will propel us back into our rightful place as fourth best university in American</p>

<p>HYEAAHHHH</p>

<p>wow...this REALLY sucks...</p>

<p>Unless you are already at Penn in which case it is great as you will be associated with a 12% admit rate even if it was 23% when you got in.</p>

<p>I think that's a math error. 3600-3800 admits from 23,000 applicants is not 12%.</p>

<p>It seems like the 12% was factored in without considering the yield amount. To get 12% with 66% yield, you'd need about 30,000 applicants.</p>

<p>I think they're predicting a higher yield and will probably cut the class size.</p>

<p>wait. waht does that mean for us 2007 EDers?</p>

<p>means you have no chance of getting in, dont even apply ed anymore imo.</p>

<p>"I think they're predicting a higher yield and will probably cut the class size."</p>

<p>Doubt it. Stetson never said 12%, they misinterpreted. People always forget to include yield.</p>

<p>uh ...what is yield? (sorry for being dim)</p>

<p>yield is how much a school is able to attract the students that it accepted. In other words, if a school is able to attract all of the people who were accepted to actually attend, then that school has a 100% yeild.</p>

<p>Damn, it keep getting worse and worse.....</p>

<p>I'm PUMPED UP though for college admissions!
LET THE GAMES BEGIN!!</p>

<p>Stetson made a prediction when he said 12%. He's not going to know for sure until at least April 2007, when decisions on the last applications are made--excluding the Waitlist. The most accurate way to get an idea of your chances is to assume that your odds of admission are (most likely) no less than 12% and no more than 17.7% (2010's admit rate).</p>

<p>Damn, if that's just the overall University of Pennsylvania, IMAGINE what Wharton's acceptance rate is going to be? Probably in the single digits!</p>

<p>Wharton can quite possibly become the hardest college (even over Harvard) to get into after this admission year is over.</p>

<p>12% is very, very low, and incredibly unlikely. </p>

<p>Penn has a class size around 2500 students, and because they dropped in USNews, it is unlikely the yield will rise any more than it has.</p>

<p>Wharton, because it is so specialized, has a limited market. I would be surprised if it dropped to less than 10%, and considering that Yale was at 8.64% this year... (although that was quite optimistic, of course...)</p>

<p>Following the logic of this thread: I am 100% positive that penn will accept 14.823% of applicants this coming year.</p>