Application Inflation: When Is Enough Enough?

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If you follow admission trend, this is a great article. It mostly applies to undergraduate admission but you can see glaring similarities to the MFE admission. Enjoy

Today’s application inflation is a cause and symptom of the uncertainty in admissions. As application totals soar, colleges struggle to predict yield — the number of admitted students who actually attend — leading to longer wait lists and other competitive enrollment tactics. Students hedge against the plummeting admissions rates by flooding the system with even more applications.

College Applications Continue to Increase. When Is Enough Enough? - NYTimes.com
 
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