Ivy League schools along with some other highly selective colleges and universities have been proudly announcing historically low admissions rates for freshmen entering next fall — as if the figures actually have real importance and meaning, the Washington Post reports. Thanks to the rise of the college rankings, led by the powerful U.S. News & World Report rankings, colleges and universities have been bending over backwards to find ways to make their “selectivity rates” — that is, the percentage of students they accept vs. the number of applications they get — look as low as possible. It is...

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