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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]it’s amazing to me that just because a college admits more than it rejects the DCUM assumption is that there is something fatally wrong with it.[/quote]

If a college is good, more people would want to attend. That's the only reason why acceptance rate and yield rate are relevant. [/quote]

Umm, no.  People are not rational beings, especially with something as complex and multi-faceted as higher education.  We are susceptible to marketing ploys and gimmicks and we create feedback loops.  Certain things are in demand because la few people decided they were in demand, which makes them more in demand, which makes them more selective, which further drives demand and on and on.  All of this happens without any change in quality between 2 institutions.  That is how demand works.  Perception.

Have you ever like a band that most people hiaven’t heard of?  Have you ever liked a TV show that got poor ratings?  Books that weren’t best sellers? I hope so; otherwise you’re the dullest person I know of.

Using what the masses like as your primary point of reference for discerning quality is lazy and just compounds the problem.[/quote]

Blah Blah Blah you sound like a communist. 
American college system is especially like free market and law of supply and demand well prevails.

If a school looks attractive to general public for reasons, demad goes up. Acceptance rate goes down. Yield goes up.

You sound like communist party saying general public is dumb and irrational . We figured it out all and we should be in control of everything. 
Nope. Free market knows better.

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Ah, ad hominem attack, the last refuge for the one on the losing side of an argument.  That’s basically the adult equivalent of “Your Mama!”

As for invoking the “free market”, you might as well have invoked the Tooth Fairy.  They are about equally real.  There is nothing natural about your so-called “law of supply and demand”.  They are wholly human constructs, unlike actual natural laws like Newton’s mechanical laws.  Just because one college can get away with charging more than another one does not necessarily mean it is better. Education is not a perfectly competitive market.   Informational asymmetries abound in admissions, the product and the price.  The rules of the education marketplace are not immutable.  Invoking the “free market” prevents us from examining the playing field and whose interests the current rules serve.  Hint, it’s the most selective colleges who want to perpetuate the sub 5 or 10% acceptance rates to give them the air of exclusivity.  The scarcity is false though.  Lots or world class universities from other countries are 4-5x the size of most of the Ivies.

Any exercise that attempts to rank order universities is folly.  They are just not susceptible to that and the property of transitivity does not apply.[/quote]

yea right you figuired it all out while others are clueless and irratiolnal.

Foreign countries have a more controlled model with much less number of colleges, and in many countries in Europe, they decide which 50% of kids will go to colleges and the rest go to trades schools in middle school.  Of course social science is not as exact science as physical sciences.  Sure there are stupid people make dumb decisions and go bankrupt in the free market. 
 The US model is more on the free market side with 4000 colleges, and supply and demand generally applies.

I'm for a more controlled system getting rid of a bunch of mediocre schools.

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