While Stanford can still consider legacy status in 2024 admissions, they may begin reducing its impact before the 2025 legal requirement under California law. Market resolves based on Stanford's official admissions data comparing the percentage of admitted legacy students in the class of 2028 (2024 admissions cycle) vs class of 2027 (2023 cycle).

Resolution source: Stanford's annual admissions statistics report.

Background Stanford University has historically given preference to legacy applicants (children of alumni), with legacy students having approximately a 15% admission rate compared to the overall ~4% rate. However, California recently passed Assembly Bill 1780, which will prohibit legacy preferences in college admissions starting in 2025. While Stanford is not legally required to reduce legacy considerations for the Class of 2028 (2024 admissions cycle), they may begin phasing out these preferences ahead of the mandate.

Resolution Criteria Market will resolve based on Stanford's official admissions statistics report comparing:

• The percentage of admitted legacy students in the Class of 2028 (2024 admissions cycle)

• The percentage of admitted legacy students in the Class of 2027 (2023 admissions cycle)

Market resolves YES if the Class of 2028 legacy admission percentage is more than 25% lower than the Class of 2027 percentage. For example, if the Class of 2027 had 10% legacy admits, the Class of 2028 would need to have less than 7.5% legacy admits for YES.

Considerations

• Stanford typically releases detailed admissions statistics in the fall following each admission cycle

• The university may not explicitly publish legacy admission rates, in which case this market would resolve N/A

• This market specifically looks at the percentage of admitted students who are legacy, not the acceptance rate of legacy applicants