Congratulations, admitted Class of 2017! After the grueling admissions process, you made it, and you made it big.
The prestigious Ivy League is widely known for formidable, often times single-digit acceptance rates, but what else can we learn from the recent statistics just released? All the news we read about the daunting costs of education, how jobs are difficult to find, how students struggle to pay-off loans after graduation – do any of these concerns manifest themselves in the recent round of elite college admissions?
NerdWallet gathered the data it could find from school newspapers and official announcements.
Class of 2017 Statistics
|School||# of Applicants||Acceptance Rate||Minority Students||Top Intended Major|
|Dartmouth||22,416||10.0%||48%||Sciences, incl Engineering (58%)|
|Harvard||35,023||5.8%||46%||Social Sciences (27%)|
Financial Aid is a big concern that some Ivies address
- Harvard opened its admissions news release addressing one the most important issues in education today: cost.
“We expect that nearly 60 percent of the students admitted to the Class of 2017 will need financial assistance in order to attend,” said Sarah C. Donahue, director of financial aid. “Their families will pay an average of only $12,000 per year. About 20 percent of Harvard families, those with normal assets making $65,000 or less annually, will pay nothing at all.”
- Dartmouth also addresses financial aid: “Roughly 68% of students admitted to Dartmouth qualified for need-based financial aid, and the College rewarded an average scholarship of about $40,000″
Engineering and STEM fields gaining popularity
- According to the DP, Penn’s Dean of Admissions, Eric Furda, indicated a big change in this year’s pool was the higher number of applicants applying to the School of Engineering, which “has doubled over the past few admissions cycles.” The DP further reports: Furda credits this to the increased interest of students and their families in the science, technology, engineering and mathematics fields. “[They’re] applying to programs where they see jobs, to be blunt,” he said.
- Princeton and Dartmouth also reported that engineering and the physical/life sciences were the top majors that applicants intend on studying.
- These statements and findings support what we’ve found to be true – in a NerdWallet analysis of starting salaries for new grads, the STEM majors often reported making the most after graduation.
Other interesting demographics
Not all the Ivies released the same level of detail on class demographics. Where we could find it, here it is:
- % of First Generation College Students – Brown, Cornell, and Dartmouth released statistics for the the admitted class of 2017’s profile for first-generation college students. Brown reported 17.5% of its admitted students are first-generation. Cornell and Dartmouth reported 11% each.
- % of Women – We only found % of women information for Princeton, Penn, and Harvard – Harvard’s admitted class of 2017 is 46.6%, as more men than women applied. Penn and Princeton reported 52% and 50% women admits, respectively. In the spirit of leaning in, did fewer women apply to Harvard because they counted themselves out before they even tried?