>If nearly everyone had a college degree, its effect on their occupational opportunities would be very similar to that of a high school diploma now. Unless the

>If nearly everyone had a college degree, its effect on their occupational opportunities would be very similar to that of a high school diploma now. Unless the focus is on the education itself, instead of schooling, the result is just credential inflation—something very expensive and wasteful economically and in terms of peoples lives This. I think the focus must go more to the substantial knowledge gained, than the "credential system".. Universities were created so that the son of the nobleman, could have a blue blood certificate, in the world of the (new top dog) bourgeoise back then.. than good manners and education could distinguish them from the poor ones.. So they can rule the world with their pedigree certificate. This sort of elitism baggage we still have in the educational system must go for good.. and we really need to focus on knowledge itself.. because in this new digital era we are living now.. knowledge is more valuable than ever before