Inflating the Currency
In this case the currency is law school grades.
One day next month every student at Loyola Law School Los Angeles will awake to a higher grade point average.
But it’s not because they are all working harder.
The school is retroactively inflating its grades, tacking on 0.333 to every grade recorded in the last few years. The goal is to make its students look more attractive in a competitive job market.
HT: Power Line
Labels: macroeconomics
1 Comments:
Finally, indexing GPA to reflect grade inflation. Will they also retroactively award honors designations as indexed GPAs surpass the 3.5, 3.75, levels, and reach 4.0?
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