But there are similarities between some of the coordination failures that go on in college admissions, and the troubles that led to the resident and fellows matches. Now, here is a blog from Fortune Magazine proposing a medical style match for colleges...(it makes a nice break from the blog post by a medical student wishing there was no match, but instead an ideal world with no market failures...see here, and yesterday's post on more sober evaluations from other medical students):
How to fix the crazy competitive world of college admissions: It has become increasingly tough to get into America's top colleges, so why not employ the same system medical schools use to match residents?
"FORTUNE -- Two recent articles in the New York Times are getting many parents pretty frazzled: This year, only 5% of those who applied to Stanford University were admitted -- the worst acceptance rate among top colleges. As colleges send acceptance letters out, reported acceptance rates elsewhere aren't much better: Harvard and Yale are at 6%; Columbia and Princeton at about 7%; and Massachusetts Institute of Technology and the University of Chicago at about 8%.