From what I recall reading about Harvard admissions practices, I suspect that the first explanation, “Harvard selects students with higher expected earnings,” is the biggest factor. And that a lot of schools try to do the same thing, but students who get accepted to Harvard and some other schools are more likely to choose Harvard, since it’s generally regarded as the best.
From what I recall reading about Harvard admissions practices, I suspect that the first explanation, “Harvard selects students with higher expected earnings,” is the biggest factor. And that a lot of schools try to do the same thing, but students who get accepted to Harvard and some other schools are more likely to choose Harvard, since it’s generally regarded as the best.