- Rising employer demand for bachelor’s degrees in occupations which did not previously require them is called degree inflation.
- Degree inflation closes job opportunities to the 62 percent of Americans without four-year degrees, exacerbates labor shortages, and reduces the financial return on investment of a college education.
- The proportion of upper-middle-class workers— those earning between $60,000 and $80,000 in today’s dollars — with a bachelor’s degree rose from 38 percent in 1990 to 52 percent today.
- Managers, registered nurses, computer software developers, salespersons, and secretaries have experienced the most degree inflation since 1990.
- To address degree inflation, state governments should eliminate statutory degree requirements wherever possible. The federal government should ensure a level playing field between traditional colleges and alternative education providers.
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