It seems to me that an effective remedy to grade inflation would be standardized exams on the subjects taught, prior to graduation. There would be, for example, a standard exam for econ majors, similar to what is done in grad schools. If many universities used the same exams, then that would serve as a signal of knowledge, and also reveal the grade differential relative to test results. That, of course, is why such exams are not being implemented.
Fred Foldvary ===== [EMAIL PROTECTED] __________________________________________________ Do You Yahoo!? Yahoo! Tax Center - online filing with TurboTax http://taxes.yahoo.com/
