<p>I wouldn't necessarily call the statistical evidence regarding the effects of the policy overwhelming. Like I said, in aggregating the data, one might fail to notice subtle but relevant shifts in how Princeton students fare on the job market. If you lump all "top" jobs and all "top" medical schools into single categories, you won't necessarily notice these shifts. The reason why I mention this point is because I heard a rumor that a student did independent work on this subject and found that when you take a closer look at the data regarding grade deflation, the quality of jobs Princeton graduates have taken has shifted downward within these "top job" categories since the grading policy has been implemented. Now, this is just a rumor, I do not know exactly how this student would have obtained the data, and I would not take it as fact, but it raises the point that a shift like this may have occurred, and we would have difficulty seeing this shift with the data the administration has provided. Furthermore, the shift may be relative instead of absolute, which is also relevant (see below).</p>
<p>The point is that there needs to be a more robust evaluation of the effects of the policy. In the administration's reports on the effects of the policy, they do concede that how students fare post-graduation is affected by many factors, "chief among them the state of the economy" and the financial services industry. What if students are being disadvantaged relative to how they would have fared with recent economic conditions (not very recent- in 2006 when the financial services industry/economy had not yet gone bust) under the old grading policy?</p>
<p>Nearly every year, Princeton admits a greater proportion of academically qualified applicants than in the past, as designated by the academic index Princeton employs in evaluating them (see Lenahan</a> questions basis for grade deflation). A possible response by some of these companies to the grading policy could be to peg the number of people they hire out of Princeton to pre-grade-deflation levels (adjusting for economic conditions) despite an increase of qualified applicants in the pool of Princeton students. That's just a hypothesis I'm throwing out there, and it could be unsupported, but we have almost no way to test it without access to the raw data on this matter.</p>
<p>Similarly, I would like to see finer data regarding Annual Giving along with more rigorous analysis of this data before I will be satisfied with the claims that these summary statistics purportedly support. In addition to the factors I have already mentioned that may be significant in explaining the variation in donation rates among different schools, I can think of another one: current endowment size.</p>
<p>My skepticism with regards to these matters stems from the fact that it is easy to take summary statistics and spin them favorably (indeed, they may look very favorable and be indicative of actual favorable realities) without doing a more academically honest analysis. I would like to think that my liberal (not <em>necessarily</em> in the political sense) Princeton education has imbued me with solid critical thinking faculties even when evaluating an institution that has positively contributed to my life. I will specify that I am in a class between 2008 and 2011, but not anything more specific because I would prefer to limit the amount of personal information I post on a public message board.</p>
<p>I gave the article regarding Yale's GPAs to highlight what the differential may be between Princeton and its peers. The article and its underlying data collection methods are certainly not flawless. Moreover, it would take some pretty deceitful actions to favorably skew the data on the change in the average GPA of Princeton students resulting from the grading policy, so I pretty much agree with you that the effect on the average Princeton GPA is probably only about .1. On the other hand, it would be nice to see how the median Princeton GPA has shifted and what its current value is, as the survey referenced in the article indicates it may be pretty low (much lower than the average GPA).</p>
<p>The reason why I'm concerned about this increased differential between Princeton students' GPA's and those of students at its peer schools is that it has the potential to cause significant harm to the many students who apply for jobs with employers who are unaware of the policy. It is great that Dean Malkiel has made efforts to notify top employers and graduate programs of the grading policy change, but it is very tough cover all, or even enough, bases here. Even if some employers are unaware of the policy, it definitely has the potential to have (and likely already has had) real effects.</p>
<p>Ec1234, I've heard anecdotal evidence to the contrary, namely, that you need pretty high grades to get into top graduate programs and consulting jobs. Of course, as is also the case with applying to college, your GPA is one of many factors in determining whether you are selected. If you have a really tough major, such as math or physics, or excellent leadership credentials, an average GPA will still allow you to obtain a job, especially if you interview very well. This is not to say that the policy has not had some effect on how Princeton students have fared post-graduation. I'm not saying my anecdotes have more weight than yours, but rather that better analysis is needed to in order to satisfactorily claim the grading policy has had no effect, or that having an average GPA is common for those who go on to top graduate programs and jobs.</p>
<p>PtonGrad2000, I don't necessarily think you are an arrogant person, since I don't know you, but I think completely discounting evidence in the form of recent surveys showing a significant amount of student discontent regarding the grading policy and its effects (including those not related to post-graduation prospects) is a bit of an arrogant action from a debating standpoint. Plenty of respondents criticized grade deflation in the free response section Weasel mentioned, and I know from personal experience that this is still a big issue on campus, so I have a hard time believing that it will disappear anytime soon, especially since there have not been similar actions to curb grade inflation at other top schools.</p>
<p>Since I am a current student, I feel that I have a decent view of how current students feel about the policy, and this view is supported by surveys. To read postings that cast grade deflation essentially as a non-issue from someone who is a couple years removed from Princeton and seems to have formed an opinion based on very specific sources of information (correct me if I'm wrong, but it seems to be official university statements, PAW, and a handful of posters on a message board) makes one who has seen some significant negative effects of the policy a little incensed. For one, I think it does encourage more strategic course selection and, in doing so, devalues a Princeton education.</p>
<p>To anticipate the possible charge that I'm arrogantly discounting the evidence regarding Annual Giving and the grading policy's effects on post-graduation prospects, I would say that I am not claiming that these figures are wholly irrelevant, but rather they are not robust for bolstering specific claims. The crux of my argument is that it can be easy to give certain statistics in support of one's claims, but it is crucial to evaluate the sources of these statistics, possible incentives of these sources to bias the nature of the information they feed to you, and possible defects in the explanatory power of the statistics. With these standards, which are certainly reasonable ones, I cannot say that we have conclusive evidence on these matters.</p>