Frank Bruni of The New York Times writes: “Cementing its standing as the most selective institution of higher education in the country, Stanford University announced this week that it had once again received a record-setting number of applications and that its acceptance rate — which had dropped to a previously uncharted low of 5 percent last year — plummeted all the way to its inevitable conclusion of 0 percent. With no one admitted to the class of 2020, Stanford is assured that no other school can match its desirability in the near future.”
“’We had exceptional applicants, yes, but not a single student we couldn’t live without,’ said a Stanford administrator who requested anonymity … News of Stanford’s unprecedented selectiveness sent shock waves through the Ivy League, along with Amherst, Northwestern and at least a dozen other elite schools where, as a consequence, there could be substantial turnover among underperforming deans of admission.”
“At first blush, Stanford’s decision would seem to jeopardize its fund-raising … But over recent years, Stanford administrators noticed that as the school rejected more and more comers, it received bigger and bigger donations, its endowment rising in tandem with its exclusivity, its luster a magnet for Silicon Valley lucre.”
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