Do you have a teen going to college soon? If so, you may want to check out Iain Murray’s new book entitled Stealing You Blind: How Government Fat Cats Are Getting Rich Off of You. There is an excellent chapter on “The Education Bubble” that discusses how grade inflation has “significantly devalued the academic worth of an education. Professors have an incentive not to give realistic grades, because if they do, their enrollment will drop and, thanks to the higher education funding system, they will suffer as a result. A 2009 article for the National Association of Scholars (NAS) reveals the effect of such easy marking:”
A recent survey of more than 30,000 first year students revealed that nearly half were spending more hours drinking than they were studying. Researchers from the University of Californina, Irvine found that a third of students surveyed expected B’s just for attending class, and 40 percent said they deserved a B for completing the assigned reading….
The culture of entitlement continues.