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When college acceptance letters are mailed out this month, tens of thousands of students will open a mixed bag.

They won’t be denied outright but instead relegated to the limbo known as a “wait list.”

The practice of wait listing—where colleges defer an admissions decision until accepted students have either taken or declined a spot in the freshman class—is essentially a school’s way of saying, “We like you, but we just can’t commit right now.”

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