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- Jan 17, 2010
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..basically a waitlist means you're too good to reject but not good enough to outright accept
Not always. Many schools "wait list" everyone not offered a spot. On those greater "WLs" are people the Adcoms have decided to not make offers to, in addition to the true WL used to fill the class as openings arise. While I'm sure it varies somewhat from year to year, most schools know quite well how far down the WL they will need to go, and also know that people put at the bottom will (generally) stay there.
That's why some schools will tell you if you've been put on a priority list or a high tier, so you know you've not been sent to oblivion.