Here's an article from today's New York Times about how applying to many elite colleges, instead of focusing on just one or two elite colleges, improves the odds of getting into *any* elite college. I think we've had this discussion here before, but for those who are still interested, here's the latest piece on this strategy:
http://www.nytimes.com/2014/11/30/upshot/for-accomplished-students-reaching-a-top-college-isnt-actually-that-hard.html?hpw&rref=education&action=click&pgtype=Homepage&module=well-region®ion=bottom-well&WT.nav=bottom-well&_r=0
The article defines an "elite" college as being one of 113 colleges that took an average of 32% of applicants. It goes without saying that an *average* admissions rate of 32% by definition includes lots of schools with higher acceptance rates, on the other end of the distribution from colleges like Stanford and Harvard that take 5-6% of applicants. I don't know what the 113th school's acceptance rate was, but it was probably over 50%. Here's the Barron's list of selective schools the article is referring to:
http://www.nytimes.com/interactive/2013/04/04/business/economy/economix-selectivity-table.html. You can select by competitiveness on a scale of 1-4 (click on the column header) and then the schools pop up first by selectivity ranking and then alphabetically within the selectivity ranking (you can't see the actual index values, or rank for actual index values, within the broader rankings of 1, 2, 3 or 4). If you toss this into Excel, only 82 of these get the "1" ranking for "most competitive." Granted, these 82 schools include some colleges that are really tough to get into. But these 82 "most competitive" schools also include places like Whitman College, which takes 56% or maybe half of applicants (
http://www.whitman.edu/admission-and-aid/learn-more/frequently-asked-questions). To get to the 113 colleges this NY Times article refers to, you'd have to dip into the schools that rank 2 for "highly competitive plus", and then you're looking at some tough schools again, as well as some schools like Centre College and Hillsdale College (again, you can't tell which schools within "highly competitive plus=2" have a higher index values than other schools that also have 2s). So I'm not really sure what's going on with that ranking. I saw during a quick Google that College Confidential has some threads on the Barron's index, so perhaps I'll have time to get to that later today. My guess is, the cut-off is somewhere around 50% (taking half of applicants).
Anyway, to me, at least, it's not really a surprising result that most "well-qualified" applicants got into at least one "elite" college, defined as being a college that takes fewer than half, or up to something like half, of applicants.
The larger point of the article seemed to be, for your well-qualified but unhooked kid, it's basically a crapshoot. So, like flipping a coin, you can improve your odds by applying to multiple colleges that take 6-15% of applicants.
The point is, your goal shouldn't be Harvard or bust (at Harvard, your odds are still 6%, or whatever they are, just like your odds of getting heads is 50% if you flip the coin just once).
Instead you are trying to get into any selective college that will take you. Like the article says, keep flipping that coin, and you increase your chances of getting heads (or getting into an elite college) will increase.