Originally Posted by Betterread
You apply to enough schools,so you can get admitted to at least one, and then you choose your school, and get on with the task of learning what you are paying to learn. You can pay a lot or a little, what matters is how much you learn and how much you retain.
Speaking of applying to enough schools, I read recently that with online applications and common applications (the same application can be used at multiple schools) becoming commonplace, the average number of schools that students apply to now is around 20! In the era of paper applications, it was around 5 or 6.
This has the effect of increasing the number of applicants at every
school and the larger pool of applicants leads to a lower percentage of accepted applications. Schools are getting more selective because they can be.