Undergraduate Applications to Penn, Duke Set Records

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Applications for undergraduate admission rose to record levels at the University of Pennsylvania and Duke University as students were attracted by financial-aid policies.

The sticker price for students exceeds $50,000 a year at both institutions. Duke, in Durham, North Carolina, received more than 29,500 applications for the next academic year, an increase of 10 percent to an all-time high, according to a statement today. Penn’s applications rose 14 percent to about 30,800, from almost 27,000 a year ago, the university in Philadelphia said in a separate statement.