Ivy League Colleges Even More Selective In Fall Admissions

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There’s only one thing more painful than paying for a year of Ivy League tuition, and that’s trying to get admitted in the first place.

Not looking forward to paying over $65,000 per year in college tuition and room and board at the Ivies? You may not need to. There’s an even more daunting task at hand; getting your child admitted in the first place.

Fall admission numbers are out and America’s most exclusive Ivy League colleges are reporting that the selection was even more rigorous than in previous years.

According to the just-released admission details, the eight Ivies received more applications than in prior years (with the notable exception of Dartmouth, which noted a decline in applicants).

With more applicants and no increase in class size, acceptance rates declined on a percentage basis. Harvard University, for example, accepted only 5.2% of applicants. “Competition was fierce, schools said, and many candidates who looked nearly perfect on paper were rejected,” reported Melissa Korn of The Wall Street Journal.

There’s no shortage of well-qualified applicants, says Korn. “More than 12,400 of the 31,056 applicants to Princeton had 4.0 grade point averages, and 13,850 had SAT scores of 1400 or higher out of 1600 on the two main sections of the test.”

About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

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