The National Association of Admissions Counseling (NACAC) report that "The number of applications submitted to colleges rose dramatically over the past decade, fueled by a record increase in applications submitted per-student" . The admissions rate declined from 69.6% in 202 to 63.8% in 2011 as the number of applicants and applications increased. The average yield for four year colleges declined more precipitously from 49% to 38% over the same 10 year period. Given that the number of applications has peaked we predict that the decline in admit rate will end and may even reverse while the decline yield will accelerate further.
Some colleges such as Boston College have decided to abandon the admissions arms race and rather than encourage more applications are trying to filter out casual apps to retain a more consistent yield. (BC's Fact Book reports that while applications increased 50% over the 10 year period from 2003-2012, their acceptance rate dropped only slightly from 31% to 29% in order to fill the same number of freshmen seats (2250) because their yield dropped significantly from 32% to 23%.) BC's solution was to add an essay to their application requirement and this led to a 26% drop in application rate. Supposedly they reduced the number of acceptances by 2000 but raised their acceptance rate to 31% in anticipation of a 28% yield to fill a slightly smaller freshmen class. It is not clear whether they will get the result they desire or will have to go their waitlist.
We feel that most colleges will continue to seek more applications in the false belief that they can reduce their acceptance rate and make their school appear more selective in the college ranking race. The reality is that more schools will encounter the same issues faced by BC and will have find some other solution to better manage their yield.
