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Reply to "Fierce competition for Fall 2021 admissions, if lots of current seniors defer?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]To the contrary, class of 2021 will see higher admission rate because colleges need to make up for the revenue shortfall. [b]They won't allow more than the typical deferrals for 2020 either. [/b]They have a big revenue shortfall in 2020. If any, they will move more students off waitlist for 2020 to make up the lost revenue.[/quote] This isn't what I'm hearing. Most colleges (especially the top ones) are being very lenient with deferrals. [/quote] John Hopkins is losing $100M this year and $375M next fiscal year. Carnegie Mellon is losing $28M. All top colleges are losing significant revenues this year and beyond. The number of paying slots in 2020 and 2021 can only increase to make them solvent. If they do allow more deferrals they will have to make up the shortfall by moving the waitlist.[/quote]
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