It's what is done in Australia. It works pretty well. Failing grades are not handed out this way, if you demonstrate a basic understanding of the material you

It's what is done in Australia. It works pretty well. Failing grades are not handed out this way, if you demonstrate a basic understanding of the material you pass. But actually getting an HD, the top mark, is only for the top 20% or so from each class. It means in Australia for a technical subject if you get First Class Honours you can get into a PhD program and get a scholarship and get through in 3 years if you work hard.