<p>Yale has operated at a deficit for the last two years, and they are trying to get out of this hole. You may think $5.5 million is a drop in the bucket, "breeze", but then you aren't the one who has to balance the budget.</p>
<p>In any event, if you wish to advise Yale in this matter, I suggest you communicate directly with President Levin. (He is an economist - as are you - so you should be able to speak the same language.)</p>
<p>If Yale equaled Princeton's grants every year, it would run out of money in the year 4314 AD. But this assumes that no Yale alum EVER GIVES A DOLLAR TO YALE AGAIN, and that THE STOCK MARKET NEVER GOES UP, EVER. So if these conditions can be met, maybe you're right.</p>
<p>Sorry, you're wrong.</p>
<p>I've talked to President Levin before, not that you have. Thanks for adding more irrelevance to the conversation. Most universities operate at a deficit, including Harvard.</p>
<p>ONE FINAL TIME - where do you think Harvard found the money? It's been hilarious watching you duck this question at least 5 times.</p>
<p>I'd say we've gone about as far as we can feasibly go with this discussion. Finis.</p>
<p>0 for 6, Byerly! Better luck tomorrow, but I bet you won't be hitting cleanup again.
-Bulldog on the Mound</p>
<p>With all the increases in applications, I think the nationwide class of 2005 deserves a BIG pat on the back. I always knew we were the best.</p>
<p>Is Byerly the new Xiggi?</p>
<p>Byerly knows everything =D we love our harvard alumn dude, hes like our walking source of college knowledge =D</p>
<ol>
<li><p>Yale accepted 704 EA this year. If they all enroll, that will constitute 54% of the class - if it matches last year's 1,305 total.</p></li>
<li><p>Harvard accepted 885 EA this year. If they all enroll, that will constitute precisely the same 54% of the class - assuming it matches last year's 1,638 total.</p></li>
<li><p>Last year, of course, 91% of Harvard's EA admits enrolled, while 88% of Yales EA admits enrolled.</p></li>
<li><p>Keep the following tidbit in mind, however: last year, Harvard accepted approximately 139 (from 2,788!) EA deferreds, while Yale accepted a whopping 249 from its much smaller group of EA deferreds. (Doubtless, these EA deferreds can be counted on to enroll at a higher rate than "normal" RD applicants.)</p></li>
<li><p>So arguably, at the end of the day, Harvard admitted enough EA pool applicants to fill 63% of the class last year - if they all had enrolled - and Yale admitted enough from this loyal applicant pool to fill a whopping 70% of the class of 2008 - again, if they all had enrolled!</p></li>
<li><p>Now, without considering this "hidden" group of anxious and willing EA deferreds to be "EA admits", what fraction of the respective classes at Harvard and Yale will be filled from the EA pool for the Class of 2009? Assuming last year's EA yield rates hold, 49% of Harvard matriculants will have been EA admits, while 48% of Yale matriculants will have been EA admits. </p></li>
</ol>
<p>( The correlative ED number at Princeton will be 50.4%, unless - as may have been anticipated - a few of the 593 ED admits melt away, and "only" 49.999999% of the class is filled from the early pool.)</p>
<p>Obviously, Harvard, Yale and Princeton, like all Ivies, are striving to admit as many from the early pool as possible, while staying under the "magic" 50% line.</p>
<p>With regard to #4, Yale is the only school that denies a fairly significant portion of its EA applicants, whereas Harvard at least defers almost everyone whether they have a chance or not. So having a "much smaller group of EA deferreds" is definitely a positive thing for Yale. You make it seem noble of Harvard to keep a larger group strung forth. Harvard (and most other top universities) already knows that the great majority of its deferreds will not get a second look.</p>
<p>Also worth noting is that both Yale and Harvard have roughly 4,000 Early Action candidates. By reading Byerly's comments, one would think that Harvard has more early applicants by a 5:1 ratio or something... the ratio this year was 1.1:1.</p>
<p>What we are talking about here is the size of the RD/EA deferred pool. It is not a question of morality or nobility etc., but simply a statistical fact that Harvard (1) traditionally defers most EA applicants who are not accepted, and (2) admits those deferreds at roughly the same rate as the RD applicants. Yale, for reasons of its own, defers fewer of the early applicants, but seems to admit them at a higher rate than the RD applicants. What is "positive" or "negative" about the differiing approaches is a scuffle for another day.</p>
<p>You said 249 out of a "much smaller group of EA deferreds", when you should be concentrating on the number of EA candidates, not the number of deferreds. But there's no question that Yale does favor early applicants more than Harvard in the long run, despite accepting a lower percentage than Harvard on the first run through.</p>
<p>I hope my kids will apply EA to Yale. It's smart.</p>
<p>Yes. The striking fact is that, taken together, EA admits, and EA-deferreds who are admitted later, if all had enrolled, would have constituted 70% of the Class of 2008 at Yale. (670 EA admits, plus 249 EA-deferreds admitted later, = 919, or 70% of the Class size of 1,305.</p>
<p>In fact, I estimate that 650 of the 1,305 members of the Class of 2008 were people who had originally applied EA. (About 50%) How do I arrive at this estimate? We know that 590+ of the 670 EA admits eventually enrolled. I then estimate that 25% of the EA deferreds were eventually admitted and that 90% of them enrolled.</p>
<p>Well, it's not that striking. 7% difference between Yale and Harvard...</p>
<p>Yale: Admitted 670 + 249 = 919 (70% of class size)</p>
<p>Harvard: Admitted: 902 + 139 = 1,041 (63% of class size)</p>
<p>~2/3 at both...</p>
<p>You miss the point, as usual.</p>
<p>As I stated earlier, the statistically demonstrated point is this: </p>
<p>"Obviously, Harvard, Yale and Princeton, like all Ivies, are striving to admit as many from the early pool as possible, while staying under the "magic" 50% line."</p>
<p>What exactly is the point - I mean of this whole thread and others like it? It seems a bit sadistic/masochistic to me. Yet, I am strangely drawn here....</p>
<p>Maybe it's like that old joke where a guy comes across another guy who is hitting himself on the head with a hammer. The first guy asks "why are you hitting yourself in the head with a hammer"? And the second guy responds "Because it will feel so good when I stop."</p>
<p>So you see going to Yale as the functional equivalent of hitting yourself over the head with a hammer?</p>