[AlchemistCamp]

Harvard awards nearly all A's and their reputation hasn't suffered for it:

https://www.washingtonpost.com/news/answer-sheet/wp/2013/12/...

I suspect it would take a lot more than one "A strike" to substantially impact a school's reputation.

[davrosthedalek]

I can tell you with 100% confidence that grade inflation is taken into account in grad admission. Been there, done that. Same as arbitrary scale changes (Let's give A+...). But it will be a long time until this impacts Harvard. OTOH, it seems Princeton steered back.