Check out this article in The Chronicle, my favorite part:
That unquenchable thirst for resources, which is by no means unique to Harvard, has spread throughout the larger body of American higher education. Every state and city has its would-be Ivies now, striving for ways to build a heap of cash, not admit as many undergraduates as possible, and charge more tuition to those who remain.
Undergraduates are increasingly being used as decoration, passing strangers handy for photographs in brochures. That’s why admissions officers work so hard to get them in all manner of shapes, sizes, and colors. And that’s why nobody wants to admit more of them—you only need so many to fill out a brochure, and the more applicants you reject the more awesomely selective and unattainable—and thus attractive—you seem.
But, please, do go read the whole thing.
