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Waitlist larger than projected size for Class of 2013
Published: Friday, April 3rd, 2009
The University’s 1,331-person waitlist is larger than those of many of its peer institutions in a year when Dean of Admission Janet Rapelye said economic turmoil has meant yield predictions are especially uncertain.
While peer institutions have this ...
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I still don't understand why they need so many students on the waitlist. For a class size of 1,300, the only rationale for 1,300 students on the waitlist is if they expected a yield of approximately 0. What's the point of giving false hope to so many applicants?
I should have gone to Harvard. At least their university leader don't PMS together every 4 weeks.
cuckoo: the reason they need such a large waitlist is because they don't know who will not accept. they want to keep their class diversity etc and so need a wide range to choose from to replace those who did not go to princeton
I wonder how much higher the admit rate would have been if they admitted more students and wait-listed fewer, in line with our peers.
To "wondering out loud"
You make a good point.
Those waitlist admits come in at a very satisfying 100% yield rate, since they are quizzed about their willingness to matriculate before their admission is finalized.
Let's say 120 are taken from the waitlist: this means that the final yield rate will be 56.5%. If, on the other hand enough had been admitted initially, to fill the class without utilizing the waitlist (assuming a 60% yield rate) then the overall yield rate would be reduced to 54%.
Let's just bring early decision back. Why did we even follow after Harvard in the first place? Did they follow us for our bad decision (grade deflation)? NO. So why should we follow them and screw ourselves over?
If news articles are correct, Princeton has made the best decisions on the investments of endowment funds..with the lowest loss than its peer instiutions.. seems like Princeton is a smart institution to me.
In the long run, Princeton made a very wise and courageous decision when it dropped Early Decision. It was Stanford and Yale who placed short-range institutional advantage ahead of the welfare of potential applicants by hanging onto this yield-boosting device.
The Princeton student body will be stronger and more representative of the nation as a whole because we discontinued a policy that disproportionately favored the wealthy and connected.
As the demographics of the college-age population change radically in the next 10 years or so, the farsightedness of the administration in preparing the school for the new realities of college admissions will become apparent.
@cuckoo - only about half of those waitlisted will accept a spot on the waiting list.
I'm not sure investment decisions are made by the University's administration