Rice is already highly selective. According to our high school’s Naviance, admission to Rice is at least as challenging as to any T10 school, sometimes moreso. More apps would kinda put it out of reach. But, I wish they had made this announcement before the Jan 1 application deadline.
I like the idea of business minors being available, practical knowledge to round out any undergrad’s experience, basic things like accounting/how to read a financial statement, intro to finance, etc.