(Source: Princeton University)

It was bound to happen. As I reported last week, Harvard dropped its Early Action admissions option. I suggested other Ivies would follow suit.

Up first? Princeton, which just announced that it, too, will eliminate Early Decision. Unlike Harvard's, Princeton's program was binding, meaning that applicants couldn't apply elsewhere. Almost half of Princeton's entering class was admitted early.

Who's next? (Are you listening, Yale?)