Stanford and GRE
Apparently Stanford will accept GRE scores in lieu of GMAT scores to help potential students who cannot afford high application costs. To me, the whole idea seems ridiculous. People are still going to take the GMAT because all other schools require it, and unless you are 100% sure you're getting into Stanford (and who is?), you're going to apply to other schools as well. So the GRE becomes irrelevant (unless you want to spend even more money to take another test). Interesting how Stanford did not choose to reduce the one cost which would make a difference - the >$200 application fee!