chance me? (JUNIOR)

Irreplaceable
Wed, 06 May 2015 00:23:59 +0000

@blargenshmargen What I meant by “don’t bother applying” is that the chances are so low that the opportunity cost isn’t worth it. For example, my friend spent a month on her Stanford application. The opportunity cost of working on a single application to a school that accepts 5% of its applicants is extremely high relative to the chance of payoff. I hate seeing people waste their time on applications to these top schools when they could optimize their college search by applying to schools where they have a decent shot of acceptance and that will give them JUST AS MANY opportunities.