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October 13, 2008 10:10:43 AM CDT

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For Sale: My Seat in Class

Posted Feb 15, 08 4:53 PM CST in Business,  US 

(Newser) – It beats sleeping overnight outside a professor's office—as some do at Stanford—but should students buy their way into popular classes? The University of Chicago thought not, removing one student's ad hawking a slot in Freakonomics author Steven Levitt's course. Penn's Wharton School has a more capitalistic view, the Chronicle of Higher Education reports.

Wharton students "buy" and "sell" spots with the school's blessing. "It's capitalism gone nuts but it's also complete socialism," one assistant prof says. Students spend hours strategizing for the anonymous auction. And professors have their own tricks: Keep the class size small and its price will rise, simultaneously stoking the instructors' egos.

Source Chronicle of Higher Education

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University of Chicago Graduate School of Business   ((c) jschroe)
125th Commencement, The Wharton School of Business   ((c) Jack Duval)
Wharton students buy and sell spots in popular courses.   (Index Open)
Ivy-league University of Pennsylvania is one of several that auctions its business classes to students.   (KRT Photos)
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college  • college student  • professor  • online auction  • University of Pennsylvania  • business school  • Wharton School of Business


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