Students Shop Around to Gain College Pricing Power

The video discusses the increasing number of college applications, highlighting the challenges faced by US colleges due to this trend. It explores the historical context of application processes and the role of technology in this shift. The video also examines current trends at Dartmouth, where students are increasingly choosing majors like pre-law, pre-med, and economics.

What is the main challenge faced by colleges due to the increase in student applications?

• Shortage of campus facilities

• Increased fiscal challenges

• Lack of qualified faculty

• Decline in student interest

How has technology influenced the college application process?

• It has simplified the application process

• It has made applications more expensive

• It has reduced the number of applications

• It has increased the use of paper applications

What humorous comparison is made about past and present application methods?

• Using a typewriter versus a computer

• Writing with a quill versus typing on a mainframe

• Applying in person versus online

• Sending applications by mail versus email

What is a notable trend among Dartmouth freshmen regarding their choice of majors?

• Shift towards arts and design

• Preference for humanities

• Interest in technology fields

• Focus on pre-wealth, pre-law, and pre-med

How does the number of economics majors at Dartmouth compare to the humanities division?

• It is significantly lower

• It is about the same

• It is slightly higher

• It is much higher