Elie beat me to it, but Business Week is reporting that applications to the University have risen five percent over last year. This will lead to another record-breaking admissions year for Cornell: The university in Ithaca, New York, reported a 5 percent jump in applications from last year, the sixth consecutive year of increases. “Even during a recession, students and parents still believe that a college education is one of the most important lifelong investments,” Doris Davis, associate provost for admissions and enrollment at Cornell University said in an e- mail.
Assuming a 37 percent regular decision yield and a targeted class size of 3150, the 5 percent increase in applications will result in an overall acceptance rate of 18 percent. Last year we saw a 19 percent acceptance rate with a 37.6 percent yield when the university over-enrolled by 70 students.
Of course, as we all know, acceptance rates tell us nothing.
Coincidentally, it will be awfully convenient for the University's budget for admissions to over-enroll again. That's why I am surprised that Uncle Ezra didn't accept more students via the early decision process.
