“I see the WL numbers as one indicator of whether a school is “on the rise” or perhaps losing a bit of its luster.”
Ehhh, I think there are a lot of confounding factors there that we can’t know about. High WL numbers might reflect lower financial aid packages following a did in endowment returns, an enrollment manager who prefers a low-risk strategy after a year of over-enrollment…I don’t read much into this.