Ivy League colleges once again disappointed tens of thousands of teenagers as they accepted a lower percentage than ever -- even as they encouraged more to apply. Harvard University accepted a record-low 5.3 percent of hopefuls after attracting 37,307 applicants as it stepped up recruiting with a social-media campaign. The previous year, the figure was 5.9 percent. The admission rates for the seven other Ivies, which gave students their verdicts Tuesday, ranged from 6.1 percent at Columbia to 14.9 percent at Cornell. Stanford, on the West coast and far from the eastern Ivies, surpassed them all for a second year. It reported Friday that it had admitted 5 percent.

March 31, 2015 ・ From Bloomberg Business