Acceptances at elite colleges are at an all time low. It's now easier to get an NIH grant than it is to get into Stanford!

Originally Posted by Caption under photo in article
A generation ago, it was rare for even highly competitive colleges to offer places to fewer than 20 percent of their applicants.

This is one of those occasions when old so-and-sos like me (went to college in the 80s) are correct when we say that things really were better when we were kids.

Nice:

Originally Posted by Somewhere in that article
“One of the ways that colleges are measured is by the number of applicants and their admit rate, and some colleges do things simply to increase their applicant pool and manipulate those numbers,” said Christoph Guttentag, the dean of undergraduate admission at Duke.