<p>a drop like that wont happen. Look at Cornell:</p>
<p>two years ago, admit rate of 30% from 19,000 applications (roughly)</p>
<p>applications go up to 24,500 next year, admit rate is 27%</p>
<p>applications go up to over 28,000 the next year after, admit rate is 24%. </p>
<p>The acceptance rate lowered, but it wasn’t a dive bomb. </p>
<p>If a school gets a huge increase in applications, the yield will almost certainly go down. Penn will get more applications with the switch to the common app, but the yield will suffer. This will increase the acceptnace rate relative to what it would have been in past years had all of the students they accepted enrolled.</p>