Interesting Stats About MU's Incoming Freshman (2017)

[Disco Hippie]

Regarding this 74% acceptance rate.  Consider these two schools ....

http://admissions.nd.edu/apply/admission-statistics/
19,566 APPLICATIONS
3,700 ADMITTED
2,050 ENROLLED
YIELD 55% (% of accepted that enrolled)

https://www.collegefactual.com/colleges/marquette-university/applying/entering-class-stats/
Acceptance and Enrollment Stats (Fall 2016)
Applicant Total   20,486
Accepted   15,202
Enrolled   1,876
Yield 12.3%

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The reason MU's acceptance rate is so high is that its yield (% of accepted students that enroll) is so low.  To get 1 student to enroll it has to accept 8 kids.  ND has to accept 2 kids to get 1 to enroll.

Does MU need more applications?  No, it gets more than ND now, it does a good job on this front  What MU needs is the right students, the ones that will actually enroll.  THat is why its strategy of focusing on the Jesuit schools in the midwest is smart.  They visit the school and enroll.

Once its yield goes up the acceptance rate can start going way down.

If you look at Fordham University's yield it's about 7 percentage points lower than ours, yet their acceptance rate was only 47% in 2016. Granted they had twice as many applicants as we did (40K for them vs 20K for us) even though their incoming class is only marginally more than ours. They take like 2200 vs our 2000.

The Fordham student paper had an interesting article about their acceptance rate stagnation despite the huge increase in applicants.  This article is from a couple of years ago, but it's great that the students there are taking this seriously.  Would love to see the Trib do something similar

https://fordhamram.com/2015/09/16/is-fordhams-stagnant-acceptance-rate-holding-back-its-reputation/

Other than the obvious factor of a much larger population in the Northeast does anybody have any other insight as to why a very similar Catholic university has twice as many applicants as we do?

[GGGG]

If you look at Fordham University's yield it's about 7 percentage points lower than ours, yet their acceptance rate was only 47% in 2016. Granted they had twice as many applicants as we did (40K for them vs 20K for us) even though their incoming class is only marginally more than ours. They take like 2200 vs our 2000.

The Fordham student paper had an interesting article about their acceptance rate stagnation despite the huge increase in applicants.  This article is from a couple of years ago, but it's great that the students there are taking this seriously.  Would love to see the Trib do something similar

https://fordhamram.com/2015/09/16/is-fordhams-stagnant-acceptance-rate-holding-back-its-reputation/

Other than the obvious factor of a much larger population in the Northeast does anybody have any other insight as to why a very similar Catholic university has twice as many applicants as we do?

Fordham's student care about a worthless stat just like you. Go recruit for them instead. Obviously you'd be a better fit for them.

[warriorchick]

Other than the obvious factor of a much larger population in the Northeast does anybody have any other insight as to why a very similar Catholic university has twice as many applicants as we do?

With all due respect, what part of "Marquette only targets students who are likely to meet their admissions criteria" are you having trouble understanding?

If Fordham has 40K applications and only accepts 47% of them, that means they had to go through the entire admissions process for over 21,000 applicants who did not meet their standards.  How much do you think that costs? Other than to meet the completely baseless metric of a third party, do you honestly think it is a prudent use of the university's resources?

[GGGG]

He doesn't get any of it. He just cares about the superficiality. Tiresome.

[4everwarriors]

Application fees more than cover the salaries and expenses of an entire admission office, hey?

[warriorchick]

Application fees more than cover the salaries and expenses of an entire admission office, hey?

Um, no.  Applying is free these days.

[4everwarriors]

Well, dat's pretty stupid. How 'bout revenue derived from da Common App, hey?

[Tugg Speedman]

Well, dat's pretty stupid. How 'bout revenue derived from da Common App, hey?

Too much competition. thousands of schools that will take your application for free why including all the top universities in the Ivy League's.  Why do you think anyone would pay market $100 or $200 for an application?

[4everwarriors]

I dunno. Everywhere my kids applied, der wuz an app fee, hey?

[Frenns Liquor Depot]

I dunno. Everywhere my kids applied, der wuz an app fee, hey?

That just what they told you...

[KipsBayEagle]

The yield is so low at Marquette because of the outrageous tuition cost.  Marquette tuition without books and dorm fees is a crippling 38,000 dollars a year.  With room and board it is 52,000 dollars a year, which is insane.  Keep in mind that unlike other schools, marquette forces its' undergrads to live in the dorms for 2 years, meaning that 52k price is locked in for two years.  madison by comparison has in-state tuition of 10k.  No requirement to live in university of housing.  Marquette is selling an inferior product for a much more expensive price.

[Tugg Speedman]

The yield is so low at Marquette because of the outrageous tuition cost.  Marquette tuition without books and dorm fees is a crippling 38,000 dollars a year.  With room and board it is 52,000 dollars a year, which is insane.  Keep in mind that unlike other schools, marquette forces its' undergrads to live in the dorms for 2 years, meaning that 52k price is locked in for two years.  madison by comparison has in-state tuition of 10k.  No requirement to live in university of housing.  Marquette is selling an inferior product for a much more expensive price.

Correct that the number 1 issue is cost. 

I was told at the get together that the AVERAGE discount from the sticker price for MU tuition is 40%.

Also, the belief that Wild Hall will also increase the yield as that will be something that a 17-year old will find appealing more than Cobeen or McCormick.

[warriorchick]

The yield is so low at Marquette because of the outrageous tuition cost.  Marquette tuition without books and dorm fees is a crippling 38,000 dollars a year.  With room and board it is 52,000 dollars a year, which is insane.  Keep in mind that unlike other schools, marquette forces its' undergrads to live in the dorms for 2 years, meaning that 52k price is locked in for two years.  madison by comparison has in-state tuition of 10k.  No requirement to live in university of housing.  Marquette is selling an inferior product for a much more expensive price.

Many, if not most of the private  schools with higher yields than Marquette are more expensive than Marquette. That ain't it.

And I don't know if you have checked rents around campus lately, but living off campus these days probably only saves you a couple of thousand dollars at best. There are very few slum lords renting to MU students these days.

[B. McBannerson]

I dunno. Everywhere my kids applied, der wuz an app fee, hey?

Apps mostly free or top out at about $50.  A few are more, but a large number are free to $25 on common app.  Actually a way to drive down acceptance rates by hoping many people apply.

[B. McBannerson]

The yield is so low at Marquette because of the outrageous tuition cost.  Marquette tuition without books and dorm fees is a crippling 38,000 dollars a year.  With room and board it is 52,000 dollars a year, which is insane.  Keep in mind that unlike other schools, marquette forces its' undergrads to live in the dorms for 2 years, meaning that 52k price is locked in for two years.  madison by comparison has in-state tuition of 10k.  No requirement to live in university of housing.  Marquette is selling an inferior product for a much more expensive price.

MU is a bargain compared to many private schools and about equal to out of state tuition.  My offspring received a large MU scholarship and the cost came out +/- 5% of every out of state Big Ten, Pac 12 and ACC school he was accepted to.

[Eldon]

South Siders weigh in on Cristo Rey's upcoming move to Clarke Square

"We liked the idea of being within reach of Marquette University. We liked being close to the public parks systems and near the Domes," said Josetti.

https://onmilwaukee.com/raisemke/articles/nns-cristo-rey-move-south-side.html


Upthread, Heisy mentioned Marquette's strategy of developing a connection to the Cristo Rey Network.  I find it interesting that Cristo Rey Milwaukee specifically singled out proximity to MU as a principal advantage to its new location.

[warriorchick]

South Siders weigh in on Cristo Rey's upcoming move to Clarke Square

"We liked the idea of being within reach of Marquette University. We liked being close to the public parks systems and near the Domes," said Josetti.

https://onmilwaukee.com/raisemke/articles/nns-cristo-rey-move-south-side.html


Upthread, Heisy mentioned Marquette's strategy of developing a connection to the Cristo Rey Network.  I find it interesting that Cristo Rey Milwaukee specifically singled out proximity to MU as a principal advantage to its new location.

Well, Cristo Rey is a program run by the Jesuits, so....