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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Stop obsessing about acceptance rates. It may stroke your ego that your kid got into a single digit acceptance rate school, but it doesn't matter.[/quote]

Its an important factor when looking at colleges.
It matters a lot.[/quote]

In fact, the combination of acceptance rate + student stats + yield rate provides the most accurate and true standing of colleges.   
For a bonus, throw in a retention rate.

Students reference the rankings as one of the factors, then each student calculates the true overall value of the schools.

Nothing beats the free market of supply and demand which would determine the actual standing of colleges in reality. [/quote]

But if the demand is based on false assumptions that rely at least partially on rankings, then poor decisions will abound.[/quote]

You think you are the only smart one and the mass general public makes poor decisions based on false assumptions? 
The world doesn't that way.  You can come up with your own ranking but it's not the world.

Published rankings are good references but one of many factors to consider.
There are only few stupid people would blindly trust those rankings and pick a school solely based on that.

Most people make good decisions, and better the product, higher the demand.
High demand and popular schools have reasons for it, and the outcome is what it is the actual true representation of the standings of colleges.

However you would not just look at acceptance rate only.  If a particular school is popular among bunch of 1300 SAT kids, that means not much.
You also want to look at student stats to see if a school is sought after by high stat kids.  Also you also need to look at yield rate.
School A and School B may have similar acceptance rate and student stat, but School A might have higher yield meaning more students want to attend it.
Retention rate is another factor tells that the students indeed find the school valuable, thus stay.

So acceptance rate + student stats + yield rate and throw in retention rate.

These are all relatively objective and direct numbers from actual outcome by students/consumers, not some vague criterion on some published rankings.

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