By Ben Axelson
Rejection is a common fact of the college application process, but according to a new study from student loan firm LendEDU, some schools are raking in hundreds of thousands, and even millions of dollars off of saying "no" to prospective students.
Students must pay a fee, usually over $50, to apply to colleges, and
the study uses acceptance numbers and fee cost to calculate the revenue
each college and university takes in from declined applications. (Methodology)
Several schools in New York State, including a few in Upstate New
York, generated more than $1 million in revenue off rejected
applications in the study, which uses 2016 data from the National Center
for Education Statistics.
Click here for the full article and list of colleges and universities.
Source: NYup.com (via Empire Report New York)
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