Such a deal: You're in! With a tuition discount! But is it worth it?

Competing for a shrinking numbers of 18-year-olds, hundreds of not-very-selective universities are admitting students who haven't applied, reports Bloomberg's Amanda Albright. Private colleges' "direct admissions" offers come with financial aid. But it still may be a dubious deal. Wingate University in North Carolina Wingate University near Charlotte, North Carolina offered $24,000 in financial…