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" ... But the biggest problem is that grade inflation is probably the largest single reason that today’s students on average spend more time partying than studying, reading, writing papers, etc. We greatly underutilize vital human resources. Time Use Survey and other data show the typical college student who spent 40 hours weekly on academic work in the middle of the 20th century spends about one-third less (27 hours) today. Students work less hard than their parents are working to send them to school. Working 40 hours a week on academics might net a student a 3.8 GPA instead of a 3.6 earned with normal study behavior—not enough better to justify 13 hours weekly more studying when partying or video-game opportunities loom. This leads to disappointment and worse among employers, generating high “underemployment” of recent college grads. ... "
" ... Chances are, the answer is “no.” Founders who seek funding from potential VCs are fastidious about selecting their investors wisely. But once that funding is secured and partnerships are forged, even the smartest founders and CEOs frequently underutilize the power of their board to help the company grow. ... "