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+1 (actually more like + a million) to everything Katmandu has written in this thread. Nailed it. My thoughts exactly.
Retention rate =/= placement rate.. After first round, cuts for grades. Later in the week, PNM drops due to factors such as "not getting the houses I liked/think I deserve/are the perceived top houses/only here to party early/blah blah blah" etc.
How many PNMs attended Pref parties, and were issued bids - that's the data I'm interested in.
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