NYU Accepts 8,809 of 37,000 for a 24% Acceptance Rate

Down 8% from last year. Pretty wild.
This week, 24 percent of applicants to the Class of 2012 will find acceptance letters in their mailboxes.
The acceptance rate dropped eight percentage points from last year's 32 percent, following a national trend of falling acceptance rates.
The Office of Undergraduate Admissions extended fewer offers of admission this year due to a high yield from the Class of 2011 and a larger applicant pool, dean of undergraduate admissions Barbara Hall told WSN in an earlier interview. NYU sent admissions decisions last Wednesday and Thursday to roughly 37,000 applicants.
The Western Interstate Commission for Higher Education projected a national all-time high of graduating high school seniors this year, and NYU's 24 percent acceptance rate is the lowest in recent years.
This spring, 8,809 applicants were offered admission to NYU's Class of 2012 for a projected class size of 4,400 students. The university placed 1,867 students on the waitlist.
Hall, who provided WSN with the statistics, anticipated that the number of students who accept NYU's offer of admission would increase to about 40 percent, up from 38.3 percent for the Class of 2011.
Other universities around the country are reporting new lows. Harvard broke records for the lowest acceptance rate in Ivy League history, recording a 7.1 percent rate. Yale followed closely, accepting 8.3 percent of its applicants.

Well, I had dreams once.