<p>I've been told that chances are less than 7%</p>
<p>That's terrible.</p>
<p>Gee, I didn't know it was that high. I thought the number for transfers was about 5%.</p>
<p>The percent of people they accept will not tell you your chances as admission is not a lottery. If you are in that 7% of strongest applicants you are in.</p>
<p>Just an example of the type of people they accept: last year there was an individual on the wallstreetoasis boards who was accepted as a transfer from UVA Mcintire, he had a 4.0 and an internship freshman summer at a BB investment bank; by all accounts he was at the top of his class, if not the top, at one of the best business schools in the nation.</p>
<p>Is this you? If not don't bother with the application fee. </p>
<p>Of course people are going to come in and say never give up and all of that, but you just need to realize the kind of competition you are up against; what do you really have to offer to Wharton that they can't get from someone else?</p>
<p>If he wants to apply then he should. Maybe his chances are low but so what? You should go for what you want in life regardless of the chance of success. At least if he applies and gets rejected he KNOWS the outcome instead of always wishing he had taken a chance.</p>
<p>For most college students, paying the application fee to Wharton is a bad financial decision because their chances of getting a return from their expenditure are basically zero. Such students could use their money to make far better investments. </p>
<p>Paying the fee strictly to find comfort in an admission decision is foolish, just like it is foolish to gamble in order to find comfort in knowing the results of it. There is no reason other than delusion to value that comfort.</p>
<p>Dont turn this into some business course on expected return. It is not the same. In this situation, you can't be sure on the return unless you truly ask yourself if you have put in the time and have the scores to apply to a place like wharton. Understanding the level of difficulty, and not underestimating it is clutch here. I am not telling you what to do or not do, but I will say that you miss every shot you do not take.</p>
<p>at the end of the day it's still better to know you didn't make the cut than to question it for the rest of your life</p>
<p>"Paying the fee strictly to find comfort in an admission decision is foolish, just like it is foolish to gamble in order to find comfort in knowing the results of it. There is no reason other than delusion to value that comfort" It is not a delusion to think that there is a chance because even with lower stats it is a possibility. I am not saying that I think he will get in; I think it is highly likely he will not. I really think that it is rude to call someone delusional for seeking their dreams. Perhaps it would be wise to address your own delusion that one should live life as if it were a business.</p>
<p>I don't think anyone said he's delusional for following his dreams; I think it's great if it's his dream to go there, as long as he understands what he's up against.</p>
<p>The way I see it it's a bad financial decision, 70-80 bucks doesn't sound like that much to most people but for me it certainly is. I'd probably like to go to Wharton just at much as this guy, if not more, but I understand that it's not worth 70-80 dollars for a .01% chance that over some fluke I'm going to get accepted.</p>