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New York University

"March Madness" for high school seniors has nothing to do with basketball, but has everything to do with college acceptance letters coming in the mail.

Nowadays, it's not just prospective students who have their list of dream schools, but parents have them as well.

From the powerhouse Ivies including frequent list topper Harvard, Columbia and Yale to the cream of the crop of "New Ivies" including New York University, University of California, Los Angeles and Stanford University, both parents and students think more alike than one would expect.