College Admissions Racket: They're Not Going to Let You In Anyway

Several top colleges and universities—including the University of Chicago, Duke, Columbia, Bates, Washington University in St. Louis, UPenn, Vanderbilt and Yale—took the unusual step of extending deadlines to college applicants this past January.  This article from Janet Lorin of Bloomberg questions whether this was for the benefit of the applicants or out of self-interest to juice up their application submissions and fees.

At the heart of the matter is whether colleges have become too sales-driven in their quest for lower admit rates and higher prestige. One can't help but feel that we're in an arms race that's creating too much collateral damage in the form of frazzled college applicants and families. 

Click here for the article.