The Economics of Degree Inflation

By Justin Moore. Stanford University. 

As the percentage of the population that has attained a bachelor’s degree increases, the value of a college degree continues to decline – a phenomenon known as degree inflation. Though degree inflation motivates more young people to attend college to compete in the job market, it harms many older members of the workforce who face changing standards for employment and no longer have the credentials required for even low-paying jobs.

Read the full paper here.