As a student, I want my grades to measure how capable I am with the material. Sadly, that's pretty hard to condense into one of five letters.
Thinking like an admissions officer, I would want grades to transparently reflect performance and provide a common measure across applicants from different backgrounds.
So what's wrong with the tried and true A-B-C-D-F system? For one, it condenses everything about performance into a single value thus hiding HUGE amounts of potentially useful information like class size, class difficulty, etc. Secondly, it's easy to inflate even in the face of all but the most draconian standards.
It is my belief we can alleviate the second by addressing the first.
Rather than a simple letter grade (or any other single number) the final report for a class should look like this:
- Raw Percentage
- Five number summary (min, Q4, Median, Q2, max) for the class
- Five number summary across all classes
- Class Size
- Some form of objective letter grade
- Subjective letter grade/Overall letter grade
- Prof's comments (?)
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