If you were wait-listed at your first-choice college, you’re not alone. Every year tens of thousands of hopeful high school seniors hear they’ve been wait-listed. It can be a rough experience. But it doesn’t have to feel that bad, if you have a strategy for dealing with it.
Wait-listing has become common, but many students and their families still don’t know how to handle the situation. That’s why I’m revisiting the topic this year.
Colleges use wait lists to manage what they call their yield. That’s the number of students who actually end up enrolling. The yield is always lower than the number of students offered admission. That’s because some students get accepted at more than one school and end up turning down several offers. Each year, as more students apply to longer lists of schools, the number of students who accept offers drops at even the most prestigious colleges. This phenomenon can wreck havoc with a school’s yield. To protect their yields, more colleges are turning to longer waiting lists.