Academic Inflation

Academic Inflation is a process of inflation of the minimum job requirement where too many college education individuals compete for too few jobs requiring these qualifications where advanced degree knowledge is completely unnecessary to perform the required job.

This condition leads to an intensified race for higher qualification where a bachelors degree of today is no longer good enough to gain employment, and an inflation in the minimum degree requirements to the level of masters degrees to perform the required job.

Academic Inflation is similar to inflation of paper currencies where too much currency chases too few commodities. Academic Inflation leads employers to put more and more faith into certificates and diplomas awarded on the basis of other people's assessments.

Academic inflation occurs when university graduates take up work that was not formerly done by graduates of a certain level, and higher-degree holders continue to migrate to this particular occupation until it eventually and the minimum job requirements have been inflated academically for low-level job tasks.