https://www.thedp.com/article/2020/01/ivy-leauge-admissions-applications-furda-penn-decisions
Based on this trend, I wonder what the impact will be at Chicago. Nothing was announced at Davos this year 
We know that TO early applications were up but that’s to be expected. Some of the increase will be from under-represented groups, and some will be from kids who were planning to apply anyway and were advised by their GC not to submit that 1400 . . . It’s hard to predict how any of that hints at an overall increase.
The Penn explanation was a tad odd, given that College Board’s own concordance tables between new and old test showed a notable difference in some score ranges. The PSAT/NMSQT commended cut off jumped from 202 to 209 in one year! Clearly the new test had a different scale system (and percentile chart). All this was well advertised on the internet. Most kids applying to elite schools are sophisticated enough not to be tricked by a new score system. My guess is that something else is going on.