<p>The renovations of the colleges are not taking longer than expected. Around 15 months per college. This has been going on now for 7 years. The real reason for the housing crunch was a few years of high yielding. From what I understand, Yale’s policy will now be to artificially lower the admit rate somewhat and use the waitlist every year to get their target number.</p>
<p>Where do you get 1879 admits? It clearly states 1856. How do you know that doesn’t include the deferred? The yield is being reported as 71% to alumni.</p>