Despite the poor economy, interest in attending many of America’s most competitive colleges and universities has not subsided.
According to the New York Times, this year, 7 percent of applicants will be admitted to the Class of 2013 at Harvard, down from 8 percent last year.
The Times reported that representatives of Harvard, Stanford, Dartmouth, Yale, and Brown, and other highly selective institutions, stated that applications for the Class of 2013 had jumped sharply from last year resulting in record rejections from the Ivy League and other highly competitive schools.