Financial considerations for the school


Problem: Suppose you are a college admissions director and every year you receive 5,000 applications for admission to your school while your school only has 1,000 slots open. Your school is prestigious and has a reputation for producing some of the best and brightest college graduates on the national market. ASSUME that there is NO possibility to expand the enrollment.

A. What problems might you encounter as the admission's director? REMEMBER this is not a law course - so avoid discussing those issues.

B. How might you handle them? GIVE EXAMPLES.

C. Are there any financial considerations for the school?

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Microeconomics: Financial considerations for the school
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