Potential Students Beware

Approximately 10% of admissions colleges at the top 500 schools in the nation, have admitted that they have looked at sites such as Facebook when evaluating potential students. The survey was conducted by Kaplan, and they further found that 38% of those surveyed attested that by looking at social networking sites, their view of the students was 'negatively affected' as reported in this article. Whether or not you think this is fair, it is immaterial currently. As Jeff Olsen, from Kaplan, mentioned:

"We're in the early stage of a new technology. It's the Wild, Wild West. There are no clear boundaries or limits."

What are your thoughts? Do you think there should be regulation in terms of what admissions officers can judge? Or, do you think that what you post on social networking sites is an invitation for this kind of review?