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Re:ACT Test Scores Drop to Lowest Levels in More Than 30 Years by lupire on Sunday October 16, 2022 @07:10PM (#33228026)
Think about how time a value like 10K*$75 to a uni with a $50B+ endowment.
Re:ACT Test Scores Drop to Lowest Levels in More Than 30 Years by forgetbook on Sunday October 16, 2022 @07:22PM (#33228111)
It's the difference between a revenue stream and a sum of assets under management. The $50B isn't liquid and can't be used to distribute bonuses. The yearly $75,000 however can be distributed among admissions office admin with impunity, for the labor of accepting file uploads.
Re:ACT Test Scores Drop to Lowest Levels in More Than 30 Years by Balgair on Sunday October 16, 2022 @09:04PM (#33228775)
More applicants at the same number of acceptances makes the school literally more exclusive. They think that a smaller reported % makes them look better.