Anonymous wrote:
Anonymous wrote:
Anonymous wrote:With a 30%+ admit rate, W&M should be on pretty much every 1500+ kid's target list. I saw someone call applying to W&M "the ne plus ultra of admit rate arbitrage" and like that a lot.
Help! I’m not sure what this means.

Please explain.
Sure thing.
"arbitrage" is a fancy way of saying "taking advantage of a difference in the market's current value of something and that thing's true value"
So "admit rate arbitrage" is basically saying "this school's true value is a lot higher than where 'the market' values it … in this case, likely because USNWR or other lists over-value certain factors that don't actually impact the undergrad experience". Class size, for example, isn't given a lot of weight, but can make a big difference to a student's experience.
"ne plus ultra" is just "the ultimate" / "there's none higher".
So putting that all together, you get two claims: 1. If you compare W&M to other schools
of a similar academic caliber, it's significantly easier to get into; 2. If you compare W&M to other schools
in its admit rate tier, it's a significantly better school.
And then tying that back to the "looking for targets" request in this thread, it's saying "if you have a smart kid who is looking for targets, W&M should be on your list"