Illinibucks

There are a great deal of things that are allocated to students on a first come and first serve base in the university. When it is difficult to prioritize, it seems to be fair to take first come and first serve base, because it attributes the decision to the people who are actually interested in. By contrast, what if the campus gave each student an allocation of "Illini bucks" which could be used of the purpose of moving to the head of the line?

One of the candidate of this "illinibucks" would be registration of classes. Current registration system prioritize to let major-related students have the priority to register for the courses. If "illinibucks" takes this place, it would definitely create some sort of confusion. First of all, it is possible to delay students to complete degrees in the university if the administered price is too high. The students who are not affordable to buy highly priced "illinibucks" are impossible to register for the popular classes unless they pay the much amount of money. This will result in delay of graduation for some studnets and discouragement of study. If the administered price is too high, then the demand should be very limited to the students who are enormously rich. In this case, "illinibucks" will turn out to be a luxurious good, which might not have a great deal of influence to the registration system. If the administered price is too low, then it might not affect the current system. Because it is affordable to everyone to pay one dollar for registering a class. Therefore, it will be similar to the first come and first serve base with a little payment.

Another candidates would be concert, speech, or sports game tickets. For example, the previous president, Barack Obama visited to University of Illinois at Urbana Champaign to give students speech in last year and the tickets to attend are randomly given to students who registered to attend. In this case, students might be ready to use "Illinibucks" to get the tickets. The phenomenon of applying "Illinibucks" to this situation is expected to be similar to the situation of registering classes. If the price is too high, students are willing to pay that much of money if they are very passionate about or enormously rich. If the price is reasonable, students who are interested in are willing to pay for "illinibucks". If the price is too low, the demand should be higher and it will turn in to the first come and first serve base with a little payment.

The introduction of "Illinibucks" can resolve problems of high demanding in college, if its price and use are wisely systemized. It could lead to the efficient way to line up the students, when it is necessarily needed to. However, this also could spawn problems such as inequality or unfairness, because it can permantly keep some students from being a head priority of the lines.  Students would contest against that college is selling "illinibucks" and take advantage of the benefit to school, which might be looked like too commercial.

In conclusion, there are many situations of using "illinibucks" in college such as registering classes or buying a speech ticket. If the administered price is too high, it is likely to turn out to be a luxurious good which is beneficial to very limited students. If the price is too low, it will not affect current system much because it is affordable to everyone just as the same. However, if the demand and supply lines are crossed at reasonable price, it can be used efficiently to line up the students.