WATCH: How college early admissions favor the rich
Posted by Jeff Wurtz on 20 January 2018
There was a great story on Bloomberg TV last week, about the darker side of college early admissions.
Reporter @JanetLorin was being interviewed on a show called Bottom Line, about the current state of early admissions in the U.S. Lorin said:
About 10 years ago, schools like Northwestern and Duke were taking about a quarter of their students as binding early decision, and this year they're up to about half. This year Penn took 54% of their applications early decisions, so half the spots are gone by January.
But as Lorin goes on to say, this creates a situation that definitely favors the rich. How so? You'll need to watch the video to find out.
We'd love to hear your thoughts. Do you think early admissions favors the rich?
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