December 16, 2010

RICHARD VEDDER ON THE HIGHER EDUCATION BUBBLE: What Happens When College Is Oversold. “The fact that a Pell Grant recipient with a 2.1 grade point average studying physical education for five years gets the same aid and sometimes more as a 3.9 point GPA physics, engineering or economics student who finishes in four years has caused a disaster, augmenting such modern problems as grade inflation.”

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