It’s nail-biting time for high-school seniors across the country as they wait to see if the fat envelope will show up. With many schools seeing a flood of applicants—Harvard expects to offer admission to a record-low 6 percent—the odds of rejection are climbing. Here’s a look at likely acceptance rates for some key groups of schools compared with five years ago, based on the number of applications received and the estimated offers available.
Funding for grades K through 12 comes in large measure from property taxes, and the housing crash depressed property valuations. But budget problems confronting municipalities can, Duncan thinks, have benefits because “when you’re flush, you keep doing the same things.”