Earlier quoted context omitted.
PhD selection committees don't give much weight to grades (did they ever?) and instead rely on letters of recommendation. The corporate world doesn't care what one has gained from their degree apart from the social skills which universities don't grade for anyway. So who needs the grades to be rigorous?
> The corporate world doesn't care what one has gained from their degree apart from the social skills As someone who interviews people for jobs - nonsense.
This is IT, where it may be (even?) more lax than in other fields.
However, from following similar discussions for years, for example on reddit and also here on HN, with lots of people commenting who do or have done hiring decisions, the majority opinion seems to be that once you have a work history the particulars ceases to matter. Looking at my own two decades of experience, incl. a small business (sold), now another startup (of 40+ age engineers and business people, software), I would not care either. I had to check young candidates, it never crossed my mind to look at their grades. Talking and then seeing them work was far more revealing.
Related (NY Times opinion piece "The Utter Uselessness of Job Interviews"): https://www.nytimes.com/2017/04/08/opinion/sunday/the-utter-...