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I got a fairly shitty GPA, probably in the 2.7 rangeish right now, in my second to last semester towards a degree in economics.
As for grades, grades don't measure intelligence, fuck that. I focus on learning the material. If I don't well on an assignment, but I remember and can apply it better a year later than an A student, well then who's better off? Then again, I've always been a fan of curving stuff so that the class average is a C, every time. A's should be earned, and frankly its fucking stupid to give people who just do all the work an A, right? 
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http://www.youtube.com/mezzir
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