Parents, of course, obsess over the Ivy League admissions game, carefully studying up on how to give their kids an edge, the Atlantic reports. And U.S. News & World Report’s annual college breakdown gets as much publicity these days as the Oscar nominations. But are those students fortunate enough to gain admission really getting an education worthy of the fuss? Reports of rampant grade inflation at many of these schools throws even a straight-A transcript from a prestigious university into question. Yet despite the mounting skepticism about the value of a college degree, and in the face of the economic downturn, colleges continue to demand ever higher fees, saddling graduates with crushing debt along with their diplomas. In June of last year the Federal Reserve released new figures showing that the nation’s total student loan debt now sits at about $830 billion – for the first time surpassing the nation’s credit card debt…
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