If we think of the semester as a reaction with an initial state and a final state then the difference between the states must be the retained knowledge. The progress from the initial state to the final state requires input of existing knowledge, money and time, up to the transition state. I think some would put the time axis so that the transition state is the day of the final exam but I disagree. I think that the transition state is defined as the first moment after you are sure that the last student has dropped the course.
We are now past our official course drop deadline but some students are producing medical notes that they are flashing like some sort of get-out-of-jail-free coupon. So whoever is still on the ride at this point will probably ride this roller coaster to the end. Between now and the end there will be some screaming, some crying and in some cases there will be loss of bodily functions ... and then there are the students ... ba-dum-bum. But in any case we must hope that the money, time and effort results in an endoknowic transition where the student ends up knowing more than what they did initially. I mean this isn't some fool post-modern humanities course where doubt gets you an A. We all know students that were exoknowic in our courses (and you spent a lot of time with them so they could "fail ugly").
So here we are folks at the "high point" of the semester. Gird your loins, sharpen Big Red and buy a box of Kleenex 'cause the next 30 days are going to go fast.