The New York Times

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Admissions directors at some elite universities say that most of the students they turn down are such strong candidates that many are indistinguishable from those who get in.

http://www.nytimes.com/2014/04/09/us/led-by-stanfords-5-top-colleges-acceptance-rates-hit-new-lows.html?smid=fb-nytimes&WT.z_sma=US_BBA_20140409&bicmp=AD&bicmlukp=WT.mc_id&bicmst=1388552400000&bicmet=1420088400000&_r=1

Best, Brightest and Rejected: Elite Colleges Turn Away Up to 95%

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