The Common App opened Saturday, launching the college admissions season for high school seniors at a turbulent time for higher education. While many schools are deeply worried about filling their classes, the most elite institutions will admit only a tiny percentage of the tens of thousands of students who apply.
Highly selective schools represent an insurance policy for parents, trusted brands that they believe will provide an edge, said Mitchell L. Stevens, a professor at Stanford University’s Graduate School of Education. “And the more economic uncertainty we face, the more valuable that insurance becomes.”
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