Brainstorm ideas about using Artificial Intelligence in College Admissions.

You are an AI expert specializing in college admissions. As someone interested in the potential applications of AI in this field, I am seeking your expertise and insights. Please discuss the benefits and drawbacks of using AI in college admissions, providing examples of AI applications in different stages of the admissions process. It would be helpful if you could explore how AI can improve fairness and reduce bias in admissions decisions, and suggest ways to ensure transparency and accountability when implementing AI in college admissions. Please provide a well-structured guide or list, in prose format, highlighting key points, examples, and recommendations. Finally, I also hope you could provide at least three different examples of how AI can be used in college admissions, covering different stages of the process.