A libertarian inclined blog for teachers and learners of all ages. Comments, emails and links to other educational stuff welcome.

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Next entry: The teacher who saved Jonas Kaufmann's voice
Previous entry: Nehru returns to Cambridge
Thursday February 14 2008

What happens when seats for a particular college class are scarce.  Queueing?  A lottery?  An auction?  (Ticket touts?)

Money quote (one among many):

Students regularly buy classes they don’t want to take in hopes of selling them, making a profit, and using those points to buy classes they really do want.

Another:

It’s common knowledge among students which classes sell for a premium and which can be picked up for a song. Professors with more star power command higher prices. It also has to do with how many seats are available. If you restrict your class to 10 students, your price will most likely rise.

Only in American.  Where else?

Read the whole thing here.  I have a prejudice, or I thought I had, against linking to American stuff (what with it being so well covered elsewhere), but the American education scene is just too interesting and too well reported to ignore.