@Madeon, sure, I agree with that. However, the drop-off from that level to the next level, on aggregate, isn’t huge, and if WashU gives up on a handful of “blue-chippers” in order to protect their yield, it frankly isn’t a big loss for them. Or for those kids, for that matter. First of, only a handful would have chosen WashU, and even if they didn’t get in to WashU, they’re almost certain to have some really good options. Furthermore, if they really wanted WashU, they could have applied ED there.