[Mick]

I know the acceptance rate has dropped because more students are applying, but is that because there are more potential applicants that have a chance to get in to choose from now as from 10-20 years ago (i.e. 20 years ago, there was 6,000 4.0 GPA/1600 SAT high school seniors and now there are 12,000 4.0 GPA/2400 SAT seniors?)

There probably aren't 12,000 4.0 GPA/2400 SAT seniors since only 583 2400s were reported in the last scholastic year. 

https://secure-media.collegeboard.org/di...g-2014.pdf

[Mick]

I know the acceptance rate has dropped because more students are applying, but is that because there are more potential applicants that have a chance to get in to choose from now as from 10-20 years ago (i.e. 20 years ago, there was 6,000 4.0 GPA/1600 SAT high school seniors and now there are 12,000 4.0 GPA/2400 SAT seniors?)

There probably aren't 12,000 4.0 GPA/2400 SAT seniors since only 583 2400s were reported in the last scholastic year. 

https://secure-media.collegeboard.org/di...g-2014.pdf