A credential has value derived from the ability (in a given subject) it takes to obtain that credential, and how useful that ability would be to an employer. Qu

A credential has value derived from the ability (in a given subject) it takes to obtain that credential, and how useful that ability would be to an employer. Qualifications awarded by a college usually indicate that the student has a certain level of ability in that field. When colleges' standards of what they deem to be an adequate level of ability to warrant granting a qualification drop, so do the value of those qualifications, independently of how many people have that qualification. That is what happened here: “Quality was compromised in pursuit of quantity.” There is still demand for skilled tech workers, but many technical colleges are not producing them.