I read about some years ago, that due to grade inflation, kids in high school are pressured to distinguish themselves further through more extracurriculars, vol

I read about some years ago, that due to grade inflation, kids in high school are pressured to distinguish themselves further through more extracurriculars, volunteer work, even internships. And you are right, the population is growing, but the number of prestigious universities has not, furthering the competitiveness. There aren't opening new Harvards.