AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
1min snip
The University of Impossible-to-Get-Into (Update)
Freakonomics Radio
Prestige Drives Exclusivity in Admissions
Universities are engaged in a competitive quest for prestige, defined by their selectivity compared to peers. Analysis of elite institutions reveals that when prestige is factored in, enrollment rates decline and average SAT scores rise. Conversely, without the prestige variable, admissions rates would increase, leading to more applicants and matriculants, while average SAT scores would slightly decrease. This indicates that competition for prestige fosters a current climate of exclusivity, akin to luxury branding, where institutions could afford to admit more students, thereby reducing the competitive pressure.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode