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Old 08-11-2010, 06:38 AM   #1
xoxoxoBruce
The future is unwritten
 
Join Date: Oct 2002
Posts: 71,105
I Bet I Can Get An A

Quote:
Ultrinsic, currently in beta form, allows students at 37 colleges to gamble on their grades in each of the classes they take. The student hands over money to Ultrinsic--as well as access to his or her official school records--as a wager that they will attain a certain grade. If they get it, Ultrinsic pays out on a sliding scale.

A pilot scheme in place at both Penn and NYU over the last academic year had some takers, including one guy who won $150, although the serious money is to be made by high schoolers as they head off to university. Then, if you bet $20 on getting a 4.0 GPA, then you'll walk away with $2,000 should you succeed. That, apparently, is what motivation looks like.
Is this a good idea?
Will students be (more) tempted to cheat?
Will profs be shaking down students for a piece?

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Old 08-11-2010, 10:14 AM   #2
Lamplighter
Person who doesn't update the user title
 
Join Date: Jun 2010
Location: Bottom lands of the Missoula floods
Posts: 6,402
My G-son is living with us and already gambling on his college grades.
If he don't pass all courses with a C or better, he's out of here.
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Old 08-11-2010, 11:07 AM   #3
classicman
barely disguised asshole, keeper of all that is holy.
 
Join Date: Nov 2007
Posts: 23,401
Bwahahahaha! excellent.
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