ForumWatch: No Room at the Inn

Photograph by Cocoon/Getty Images

As the Wall Street Journal reported, MIT’s Sloan School of Management recently found itself in a predicament: It had more students than it knew what to do with. It was aiming for a 2012 class of about 400 students, but far more admitted applicants took the school up on its offer of admission. When asking for volunteers to spend a year on the sidelines didn’t work, Sloan offered students tuition money—$20,000 to be exact—to defer their enrollment. In the end, four students agreed, even though they had already planned on attending the program this fall.

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