Similar phenomena, grade inflation and price inflation are controversial problems that are tough to eliminate.
When Grades Are Like Prices
At elite schools, “A” seems to stand for average. The reason is grade inflation. Grade Inflation At Princeton, capping the number of As was not working. The faculty was not consistently observing the mandate and students disliked it. So, after…
When a Grade Is Like a Price
Looking at grade inflation at colleges and universities, we can ask whether the increase can be compared to prices.