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Credential inflation is desirable for governments because being enrolled in some kind of tertiary program suppresses the unemployment numbers. If you can learn
by jackcosgrove 4y ago
Credential inflation is desirable for governments because being enrolled in some kind of tertiary program suppresses the unemployment numbers. If you can learn a skill that makes getting hired easier, all the better!
We won't see widespread de-escalation of credentials until there are labor shortages, at which point it's no longer in anyone's interest to keep potential workers sidelined in school.
- ilammy 4y agoMoreover, not only you’re not counted as “unemployed” while attaining a degree — after you get your degree, you’re left with a hefty debt: a pretty nice incentive to not stay unemployed!