Liam Tormey, a senior at Valley Stream South High School in New York, applied to 15 colleges. Four rejected him. Four accepted him. The remaining seven put the 17-year-old on their wait lists—a rapidly growing admissions limbo from which few students escape. “I thought for sure, after getting wait list after wait list, that something was...

Source: Wall Street Journal April 27, 2018 09:31 UTC