A highly selective institution rejects or waitlists a strong applicant who appears overqualified, sometimes to manage its 'yield' rate (the percentage of admitted students who actually enroll). This practice is commonly referred to as what?

✓ Correct Answer: Option C

Yield protection is the practice of selectively rejecting or waitlisting applicants who appear overqualified, based on the assumption that they are less likely to enroll if accepted, thereby helping the institution meet its desired yield rate.