How about a different way of grading courses? I found an interesting article from technoccult (via Hacker News) that referenced an article in escapist magazine that mentioned australian itnews as its source which had interviewed Lee Sheldon (forefather of Hari Seldon, I hope).
Our grades could be based on how much coursework we complete - as inviduals and as teams. Each completed excercise could give us couple hundred experience points that would go towards better grades in differential geometry, computational alchemy or fnordian excuses (or whatever we happen to be studying).
My google-fu was weak - I did not find anything of note about this idea from Indiana University web page - just link to Sheldons profile. His webpage is somewhat more informative, but just not about this idea.
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