BC –
So you are saying that most elite privates do the calcs the way Harvard does?
If I am following, Harvard’s calc seems the most reasonable and transparent to me. Basically the ratio of non-professional school faculty to undergrads.
But you are saying that Penn’s calc is different than Harvard and not fair/logical? Because they don’t back out their grad only law, biz and med school faculty?
And you are saying that UM does its calc a third way? Non-professional school faculty to undergrads plus non-professional grad students? That calc seems goofy to me, but you think it is better?
Last thing. If most of the elite privates that UM competes with do it Harvard’s way, isn’t UM being dumb to do it their way?
Thanks much for the explanation.