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Economics

The Role of Credentialism in Perpetuating Socioeconomic Stratification

Quick fact

In the United States, the share of jobs requiring a bachelor's degree has increased sharply, yet the earnings premium for new graduates has stagnated, signaling that credentials are being used as a filtering tool rather than a measure of actual skill.

Why this is interesting

You've probably been told that education is the great equalizer—that a diploma is your ticket to a better life. But what if the very system designed to level the playing field is actually rigging the game?