Harvard University's Dunster House in Cambridge, MA Blake Nissen for The Boston Globe via Getty Images March 28 is "Ivy Day," when the nation's top schools release long-awaited admissions decisions. A fascination with the eight private colleges that comprise the Ivy League spans decades. It is only now, some say, that students are taking a more skeptical view. Applications for early admission at Harvard University took a sharp nosedive last fall amid multiple incidents of antisemitism on campus while backlash ensued over Harvard President Claudine Gay's congressional testimony, which contributed to her resignation — and yet, just weeks later Harvard...