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Just wanted to say a few things on this topic:
MIT has been shifting its admissions process for serveral reasons.
MIT used to be incredibly focused on high ranking, SAT scores, etc and didn't seem so "subjective." After a while, MIT noticed that its pool of students were changing. Because MIT was admitting high SAT scores and high gpa students, their pool wasn't nessecarily the "best."
In fact, their pools of students were found to be less innovative, and less creative than it used to be. Why? These students spent too much time worrying about GPA and high SAT scores that they became rigid learners who merely regurgitated information rather than being creative and innovative.
So, MIT changed its admissions process. They valued interesting individuals who showed creativity and innovation. So far, its been working. The pools of students at MIT today show incredible creativity and innovation, a consequence of diversity. MIT realized that the people with the highest scores and GPA weren't the best indicators of future success.
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