Isn’t the purpose of a grade to locate the student in time relative to an ongoing process? For a grade to be useful, it can’t be an end in itself. When a grade becomes a result (an end), it becomes absurd, a comment on itself…

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Gooey: I'd give your idea a B minus.

Divot: Really? I thought it was more of a C plus.

Gooey: Yes. But would you draw a happy face next to the grade?

Divot: Good point.