Listen Now: College Grades Exposed: 75% of Grades Awarded are A’s and B’s
The college admissions scandal is uncovering how far parents will go to get their kids into college; but it’s also uncovering how bad colleges want them out.
So far, fifty people have been charged in the scam that involved parents bribing college coaches to pretend their child was a top recruit. Or paying big bucks to make sure their child’s test scores turned out better. But as details were uncovered people wondered if a child had to bribe their way in, wouldn’t it be obvious they couldn’t handle it?
According to Forbes magazine the answer is no. In the early 1960s, a fifty year study of colleges found an “A” was awarded about fifteen percent of the time. Today an “A” is the most common grade given, with A’s or B’s handed out seventy five percent of the time.
According to Forbes this practice is making your college transcript about as valuable as monopoly money. Not only are potential employers giving transcripts a quick glance, it doesn’t carry much weight with graduate school admissions either.
Looks like you need to find another way to stand out.
CBS News Radio national business journalist Brian Banmiller has spent more than 40 years in the news industry, covering business, politics and the economy on television, radio and in print. Currently, his “Banmiller on Business” reports are delivered to an audience of millions nationwide.
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