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0 pointstzs12y ago0 comments

So how do you explain wait lists? If your theories about how tuition is set were correct, wouldn't we expect universities to set the price high enough to eliminate wait lists?

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zaccus12y ago

Wait lists are great for marketing; they increase a school's "prestige" in the eyes of potential students.

A university doesn't want fewer applicants because that would mean a higher acceptance rate, which is bad.

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