Economics
Credential Inflation and the Devaluation of University Degrees
Quick fact
Employers now routinely ask for bachelor's degrees for jobs that previously required only a high school diploma—a phenomenon called 'degree inflation'—while the value of a degree in terms of lifetime earnings has actually decreased for recent graduates in many countries.
Why this is interesting
That degree that guaranteed a job in your parents' time—why does it still take a decade to pay off today? It's not just the economy; the degree itself may be losing its power.