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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][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] Johns 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] Well, sure, but colleges don't mind moving the waitlist. * students admitted off the waitlist won't be any less academically prepared, just slightly different demographics maybe * less work to do for next year admissions since a large portion of the class is already pre-admitted from 2020 Once again, losers are not colleges or seniors from 2020. The losers in this game are juniors set to graduate in 2021 who will need to apply to effectively smaller universities.[/quote] This does not make any sense. You are saying parents of 2020 are expected to shoulder two years of colleges' budget. What makes parents of 2020 so specially rich? Colleges need revenue. They need to maximize the number of their paying customers. If anything, they will admit more not less in 2021.[/quote]
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