This is the time of year that colleges and universities release their acceptance rates, and those of Ivy League universities get lower each year, prompting much discussion and angst. Wonkblog at The Washington Post, however, argues that there are long odds for lots of things that people want, and that elite college admissions aren't quite so unique in American society. For example, while only 8.9 percent of all applicants were admitted to Ivy League institutions, only 2.6 percent of those who applied to work at Walmart's new Washington store were hired. And Google hires one half of one percent of its applicants.
The blog's analysis: "Parents and students - particularly those from a certain socio-economic background -- tend to obsess a lot over the college admissions process. The danger, of course, is that this single-minded focus on preparing kids for college -- the extra-curriculars, test prep, admissions coaching, and the like -- is coming at the expense of prepping them for the job market hurdles that come after."