<p>It is the worst kind of inflation-- too many kids chasing too few spots in elite colleges-- and it makes the schools seem better than they really are. Did the profs all go up a notch from two years ago at these schools? No, same profs, same administration, same dorms. It’s just the fact that more kids are applying to colleges that makes the colleges harder to get in. The age group entering kindergarten next year will have it twice as easy-- they will be significantly smaller than this group.</p>