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Re:Interest surges in top colleges, while struggling ones sc... by alasdair_ on Tuesday February 23, 2021 @03:21PM (#26242382)
>They don't work like a normal market, there best company grows theur production, and supplies millions with the best goods. Oxford/Harvard take their miniscule intake of a fraction of a percent every year, and opening door to unwashed masses would destroy their brand.

This is exactly how high-end luxury good markets work.

Re:Interest surges in top colleges, while struggling ones sc... by fossuser on Tuesday February 23, 2021 @05:55PM (#26244132)
Relatedly I read the top colleges try to get students they know they'll never admit to apply, because the more that apply, the more they can reject and the more selective they become.

Selectivity is a status symbol, so you want as many as possible to apply so you can reject as many as possible.