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#117 Austen Allred - Lambda School's Founder Brings His Best Ideas

My First Million

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The Business of College Admissions

This chapter examines the financial dynamics of college applications, including the substantial revenue generated from application fees and the competitive advantages of the common application system. It also explores the shift away from standardized testing and the ethical implications of these changes in admissions practices. Through various discussions, the chapter highlights the broader impacts of these trends on diversity, student outcomes, and the business models of educational institutions.

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