credential inflation
Word Rarity
Rare
Frequency: Zipf frequency 2.73 in modern English
25
Scrabble Score
19
Letters
5
Syllables
11
Unique Chars
Meaning
noun
The phenomenon of academic credentials, particularly university degrees, dwindling in value and recognition on the job market due to easy availability and oversupply.
Uncountable
Example Sentences
- "The process of credential inflation is largely self-driven; it feeds on itself. A given level of education at one time gave access to elite jobs. As educational attainment has expanded, the social distinctiveness of that degree and its value on the occupational marketplace have declined; this in turn has expanded demand for still higher levels of education."