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Go deeper: Why colleges are abandoning standardized testing

Students taking an exam
Students taking an exam. Photo: Frederick Florin/AFP via Getty Images

The University of Chicago, which ranks third on the U.S. News & World Report list of top universities just behind Yale and Harvard, is the first top 10 school to drop the requirement that all undergraduate applicants submit SAT or ACT scores.

The big picture: UChicago is the latest in a series of universities to shift its standardized testing policy from mandatory to optional. Since 2005, nearly 200 schools have dropped their testing requirements.