Wednesday, September 10, 2014

The college degree has become the new high school degree!

The Washington Post ^ | September 9, 2014 | Catherine Rampell 

You’ve heard of grade inflation? Welcome to the world of degree inflation.
A new report finds that employers are increasingly requiring a bachelor’s degree for positions that didn’t used to require baccalaureate education. A college degree, in other words, is becoming the new high school diploma: the minimum credential required to get even the most basic, entry-level job.
The report is from Burning Glass, a labor market analytics company that mines millions of online job postings. The company found that a wide range of jobs — in management, administration, sales and other fields — are undergoing “upcredentialing,” or degree inflation. As examples, just 25 percent of people employed as insurance clerks have a BA, but twice that percentage of insurance-clerk job ads require one. Among executive secretaries and executive assistants, 19 percent of job-holders have degrees, but 65 percent of job postings mandate them.
What’s going on?
The most benevolent explanation is that technology has changed the nature and responsibilities of many jobs....
(Excerpt) Read more at washingtonpost.com ...

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