Context of Slump
Coming out of the pandemic, a small group of universities, including many in the Ivy League, experienced a record-breaking increase in applications this season, a report by the Common Application found.
The report said the number of college applicants has jumped 20% since the 2019-20 school year, even as enrollment has slumped nationwide, suggesting more students are applying to the same schools. “For brand-name colleges, the demand is off the charts,” said Hafeez Lakhani, founder and president of Lakhani Coaching in New York. “It’s never been harder to get in.”
—The CNBC