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I don't understand waitlists. Why do schools accept people up through August off of their waitlists?
If everyone has to select one acceptance only on May 15, shouldn't all of the schools know exactly how many people they need to take off their waitlists by this date and notify them right away? Obviously, not everyone who is given a place from the waitlist will accept, but do they really need 3 months to fill these spots? After a waitlisted applicant is offered a spot, how long does he/she usually get to decide?
If everyone has to select one acceptance only on May 15, shouldn't all of the schools know exactly how many people they need to take off their waitlists by this date and notify them right away? Obviously, not everyone who is given a place from the waitlist will accept, but do they really need 3 months to fill these spots? After a waitlisted applicant is offered a spot, how long does he/she usually get to decide?