> 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

Isn't this what the GRE, MCAT, etc., are for?  Granted, they don't
apply to all post-graduate plans, but it's a start.


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