The University of Impossible-to-Get-Into (Update)

America’s top colleges are facing record demand. So why don’t they increase supply? (Part 2 of our series from 2022, “ Freakonomics Radio Goes Back to School .”) SOURCES: Peter Blair , professor of education at Harvard University and faculty research fellow at the National Bureau of Economic Research. Zachary Bleemer , assistant professor of economics at Princeton University and faculty research fellow at the National Bureau of Economic Research. Amalia Miller , professor of economics at the University of Virginia. Morton Schapiro , professor of economics and former president of Northwestern University. Miguel Urquiola , professor of economics at Columbia University. RESOURCES: “ Elite Schools and Opting In: Effects of College Selectivity on Career and Family Outcomes ,” by Suqin Ge, Elliott Isaac, and Amalia Miller ( Journal of Labor Economics , 2022). “ Why Don’t Elite Colleges Expand Supply? ” by Peter Q. Blair & Kent Smetters ( NBER Working Paper , 2021). “ Lori Loughlin Pleads Guilty via Zoom in College Admissions Case ,” by Kate Taylor ( The New York Times , 2020). Markets, Minds, and Money: Why America Leads the World in University Research , by Miguel Urquiola (2020). “ To…