Quote: "Much has been written about the devaluation of degrees and the evils of grading in higher education. As a society, we’re clearly reeling from the conseq

Quote: "Much has been written about the devaluation of degrees and the evils of grading in higher education. As a society, we’re clearly reeling from the consequences (44% of college graduates are underemployed)." Oh, don't bother to try to produce evidence for a cause-effect relationship between grades and later underemployment. A few minutes' thinking about employment and statistical principles should have made you realize that roughly 50% of people are underemployed, for the same reason that 50% of people are below average. We'll be abolishing grades and degrees the same day we abolish any difference in workplace compensation: 1. Under the new program, a company's janitor and president will make the same amount of money. 2. People will say, "Wait -- why should I try to hard? What's my incentive?" 3. A brilliant theoretician will then say, "I have a great idea! Let's reward cleverness and productivity by giving clever, productive people more money!"