2007-07-30 16:39:54 · 5 answers · asked by Andre 7 in Business & Finance ➔ Careers & Employment ➔ Other - Careers & Employment
Sorry, I wasn't clear with my question. I was looking for an answer more along the lines of "a bachelor degree today does not carry the same weight as it did 30 years ago." Arguments for and against that concept?
2007-07-31 06:41:28 · update #1
Credential inflation is the phenomenon of the last half century of expanding access to higher education for greater classes of people. In the 1950s for example, few had access to college and it really wasnt a prerequisite for many jobs, except those that were highly technical (such as doctors, engineers); in fact, before the 60s it was not taken as a given that CEOs had to have a college degree. It is a problem today because it is fairly self-evident that if everyone or most everyone had a BA then that would become the bare minimum, and regardless of how much aid is given to institutes of higher education (grants) and individuals (scholarships, student loans, etc) it is fairly obvious that the upper classes would benefit more from higher education for the simple reason that it is easier for them to pay the opportunity costs of more schooling.
2007-08-02 13:44:50 · answer #1 · answered by Epoche* 1 · 0⤊ 0⤋
Credential inflation, is number of other applicants having much better resume than your resume to reflect better education or work experience than you have, where as you are much more devoted and reliable candidate. You loose an opportunity as such qualities can only be experienced on the job.
It is a huge problem today.
2007-08-07 09:17:15 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It may not carry as much weight today as it used to. There was a time when only the brightest and best educated went to college. Now, almost anyone can go.
2007-08-07 23:33:16 · answer #3 · answered by TAT 7 · 0⤊ 0⤋
I would agree with that. When I graduated from college in 1997, one of my coworkers said that it was a necessity and it was just an edge to have over someone who didn't go to college.
I'm working on a Masters. Someday a masters degree won't mean much, if we aren't already there.
2007-08-07 14:25:11 · answer #4 · answered by Unsub29 7 · 0⤊ 0⤋
Credential inflation is inflating your resume to reflect better education or work experience than you have. It is a huge problem today.
2007-07-31 11:34:14 · answer #5 · answered by Anonymous · 1⤊ 0⤋