Those are very good points. I have the same experiences.
To add on your last comment: I've found this video of a professor at Harvard who gives two grades - one that counts toward their degree and one that he thinks the student deserves. You may be interested in watching it.
RE: Are too many people going to college? A look at IQ distributions tells us why this is the case
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Are too many people going to college? A look at IQ distributions tells us why this is the case