HIGHER EDUCATION BUBBLE UPDATE: College admissions, now like “preapproved” credit cards!
Imagine that: a service that wants your money suddenly feels the need to make it easier for you to buy.
Hundreds of colleges are sending prospective students letters of admission—without even requiring an application https://t.co/uV1FGv0jWv via @WSJ
— Jeffrey A Tucker (@jeffreytucker) September 3, 2026