What is Academic Inflation?
This refers to the increase in minimum
educational or academic qualifications required to apply for jobs and other
formal roles in a society. Academic inflation is the result of more people
entering college, which decreases the value of a basic degree. Consequently,
people increasingly opt to pursue higher degrees to boost their educational
credentials and their earning power, which in turn results in more years being
spent by young people in academic institutions. The increasing demand among
employers for academic credentials, rather than practical skills, could also
contribute to the inflation in academic degrees.
Source | http://www.thehindu.com/opinion/op-ed/in-sociology-what-is-academic-inflation/article20492692.ece
Regards
Pralhad
Jadhav
Senior Manager @
Knowledge Repository
Khaitan &
Co
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