i wish there was more transparency to the whole process. Like Im sure everyone would appreciate knowing if their application was under its first review, second review, etc.
I also don't see what argument could be made against better transparency. We're all adults here....
I find the high % of invites to be a bit discouraging actually (although I have not yet, or may never receive one)...
I browsed through last years thread and saw a ton of invites, but like two accepted students.
Sure its a hurtle, but definitely not the golden nugget that some make it out to be. From what Ive read, Wharton pretty much knows whether they want you before they release the interview. However, I am sure there is a fair share of "Yeah, we probably will end up rejecting him/her, but lets just see what they're like in person."