Splicetoday

On Campus
Apr 28, 2008, 08:55AM

Rejected

A demographic spike has made this year's college applicant pool one of the most competitive in history, as high school seniors see their hopes and dreams dashed in record numbers. However, with the number of college applications expected to dramatically decrease over the next five years, selective schools need to snag high quality students while the getting is stil good.

"This has been a record year for college applications and, hence, a banner year as well for rejections. Admission rates are down at Yale and Princeton, and Harvard took in the lowest percentage of applicants in the school's history.

But it's not just the Ivy League schools that are sending out more bad news. At the University of Chicago, for instance, 3,460 of 12,400 applicants were accepted (with another 1,500 put on a waiting list). That 27 percent acceptance rate is down 4 points in just one year and translates into 7,440 rejection letters.

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