As National College Decision Day approaches, most of the colleges at the top of students' wish lists are among the most selective and most expensive.
Most of the colleges at the very top of students' wish lists are "perennial favorites," according to Robert Franek, The Princeton Review's editor-in-chief. They are also among the most competitive: Stanford's acceptance rate is also just below 4%; at Harvard, it's about 3%., a small group of universities, including many in the Ivy League, have experienced a record-breaking increase in applications this season, according to a report by the Common Application.
"There's a subconscious consensus that it's only worth going to college if you can go to a life-changing college," said Hafeez Lakhani, founder and president of Lakhani Coaching in New York.
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