On a recent @TFTC podcast (episode #763), Marty made an off-the-cuff comment about "diploma inflation". Marty's comment sparked me to do a quick search on this topic.
With college diploma attainment tripling over the last 50 years, are we witnessing the inflation of degrees? 🎓📉
Just as printing more money devalues each dollar, flooding the market with more graduates may be devaluing the worth of the diploma itself. If everyone has one, does it still mean anything?
Is the degree worth the cost when its purchasing power in the job market keeps dropping?
Check out episode #763 of TFTC [The Everything Bubble Is Ending with Nick Nemeth] here: https://fountain.fm/episode/S3xuunZuMo0bQZliVCFB
#CollegeDegree #Inflation #Economy #EducationDebate
With college diploma attainment tripling over the last 50 years, are we witnessing the inflation of degrees? 🎓📉
Just as printing more money devalues each dollar, flooding the market with more graduates may be devaluing the worth of the diploma itself. If everyone has one, does it still mean anything?
Is the degree worth the cost when its purchasing power in the job market keeps dropping?
Check out episode #763 of TFTC [The Everything Bubble Is Ending with Nick Nemeth] here: https://fountain.fm/episode/S3xuunZuMo0bQZliVCFB
#CollegeDegree #Inflation #Economy #EducationDebate