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<p>Correct. Harvard admits about 2000 freshmen year in and year out, and about 1650 of these enroll every year. But in the past 5 years the number of people applying has grown from 20,000 to 27,000.</p>
<p>The increase in the applicant pool has been driven largely by two factors: 1. Harvard’s much-publicized finiancial aid initiative making it affordable to a wider group of students, and 2. A simple increase in the college-age population. The population peak in the baby-boomer’s kids will apply this year.</p>