College Degree Job Requirement on the Rise

The college degree is the new high school diploma.

black man receiving college degreeThe modern adage, “a college degree is the new high school diploma,” is becoming a painful reality for some.

Employers requiring job applicants to have a minimum of a bachelor’s degree is on the rise, making it more of a conundrum for non-college graduates. Even low-level jobs such as office runners and file clerks are required to have at least a bachelor’s degree.

In a story published in the New York Times, economists call this shift “degree inflation,” in which the less educated are being pushed down the employment food chain, or forced to obtain a costly degree with little probability of finding a high-salary job.

The unemployment rate for non-college graduates is 8.1 percent compared to that of Americans with at least a bachelor’s degree, which is 3.7 percent.

Read more at the New York Times.

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