@turtle17 When you say “low yields”, in terms of what? Most of these kids are applying to anywhere from 12 to 20 schools. So schools like Tulane are still getting more than their fair share of kids. Beyond the ED, they really control yield with scholarships. They know that when they offer a high stat applicant admission with no merit aid that chances are they won’t attend. If what they cared at all about “yield percentage” then they would not do that. What they really care about is not the percentage of kids that they give offers to who accept, they care that the BEST kids that they give offers to accept.