Record low college admittance, because getting into an Ivy League was too easy before…
Most schools sent out their college acceptance letters this past week—including the Ivies—but the percentage of those accepted for several Ivy Leagues was lower than expected.
Harvard admitted 4.6 percent of applicants to the class of 2022, the school’s lowest ever.
Each university had its own reasons for the low acceptance rates but most agreed that the lower percentages were due to a large application pool.
Dartmouth among universities asking Congress to review tax provisions
Dartmouth was one of 49 universities to send a letter to Congress asking them to revise a provision of the Tax Cut and Jobs Act.
The Dartmouth reports, “The provision imposes a 1.4 percent excise tax on the net investment incomes of college and universities with more than 500 students and endowments greater than $500,000 per student. The tax could cost the College as much as $5 million annually.”
All seven other Ivy League universities signed the letter, even though only Harvard, Dartmouth, Princeton and Yale would actually be affected by the provisions.
Quote of the Week:
“You’re looking at a big blue sphere. And you know, you’re seeing this big blue sphere slowly recede in the distance, and you’re thinking, wow, that’s, that’s the world!”
– Gregory Olsen, Princeton Entrepreneur-In-Residence at the Keller Center on traveling to space
Tweet of the Week:
dear ivy leagues admission committees,
thank you for your interest in giving me rejection letters. i have reviewed your letters & i am impressed with your rejection reasons. under careful consideration, i have decided not to accept your rejection letters.
— AMY (@lilmcnugs) March 29, 2018
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