““As the economic writer Ben Casselman pointed out in 2016, most college applicants “never have to write a college entrance essay, pad a résumé or sweet-talk a potential letter-writer,” because more than three-quarters of American undergraduates attend colleges that accept at least half their applicants. Only 4 percent attend schools that accept 25 percent or less, and fewer than 1 percent attend elite schools that accept fewer than 10 percent of their applicants.3 Students at these less competitive institutions then struggle to finish, with only half completing a bachelor’s degree within six years. Many””
