@penn95 @hebegebe That link on change in prestige of Chicago is another reason Penn would never try to lower the number of ED apps. Chicago played the contrarian game for decades with all kinds of weird decisions ( not investing in engineering, ignoring undergraduate studies, not paying close attention to finances and fund raising, alienating it’s feeder high schools etc etc) superbly confident that none of that would really hurt it’s superb reputation or prestige. They paid a heavy price for that. In the fast changing world of higher education making one single bad contrarian move could dethrone you from your perch for decades. No school is willing to risk that now, specially under the harsh light of yearly rankings.