In many respects, college admission is a classic case of momentum investing. Everyone chases the same schools, which become harder to get into and more expensive each year. But why not consider “hot colleges in the making” under innovative management?
College Admissions Shocker! (NY Times)
Cementing its standing as the most selective institution of higher education in the country, Stanford University announced this week that it had once again received a record-setting number of applications and that its acceptance rate — which had dropped to a previously uncharted low of 5 percent last year — plummeted all the way to its inevitable conclusion of 0 percent. With no one admitted to the class of 2020, Stanford is assured that no other school can match its desirability in the near future.