<p>Here is how I view the statistics. From Baylor’s website: <a href=“Undergraduate Admissions | Baylor University”>Undergraduate Admissions | Baylor University; , it states the Freshman admitted class is around 3,190. From another website, it stated that last year, 27,828 students applied, 16,879 were offered an admission, and 3,254 decided to enroll (~19% accepted the invite). You pose an interesting question if the number were much higher than 19-22% accepting the invite, how could they possibly squeeze them all in? So about 10-13,000 kids turn down the offer each year. From the previoius statistics I provided, only about 10% accept a wait list position, so this year that would mean about 600 accept wait listing. Having such a large (several thousand) unknown offers taking acceptance, makes it interesting that they think they will only need 600 wait list. Then again, they may have enough history with the statistics, that they feel pretty comfortable with this level for the wait list. Time will tell…</p>