Michigan students can now gamble on their grades.
So, let's see. A professor, maybe a lecturer on annual contracts or, even better, a visitor who does not plan to return, sends an email out to all of his or her students before class starts offering to give them an A so long as they make the bet and share the winnings.
Moral hazard anyone?
I don't think I'd bet on the long term survival of this firm.
Who was my favorite student this term?
10 months ago