credential inflation
(noun)
The process by which credentials lose value as more and more people earn a particular credential.
Examples of credential inflation in the following topics:
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The Credentialized Society
- Credentialism refers to the common practice of relying on earned credentials when hiring staff or assigning social status.
- This process is referred to as credential inflation.
- When credentials are inflated, they give individuals less advantage on the job market.
- A good example of credential inflation is the decline in the value of the U.S. high school diploma since the beginning of the twentieth century, when it was held by less than 10% of the population.
- Another indicator of credential inflation is the relative decline in the wage differential between those with college degrees and those with only high school diplomas.
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Introduction to deviance
- Other examples include white hip-hop acts like Eminem and Nu-Metal bands like Limp Bizkit that mimic lower or middle class people in order to use their socioeconomic credentials for profit, despite their true socioeconomic status.
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Teachers: Employees and Instructors
- In many countries, a person who wishes to become a teacher must first obtain specified professional qualifications or credentials from a university or college.
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Child Care
- Often the nationally recognized Child Development Associate credential is the minimum standard for the individual leading this home care program.
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Bachelor's Degree Occupations
- This would give you the credentials that hiring departments in the business world are looking for while simultaneously allowing you to focus on Sociology.
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The Church-Sect Typology
- employ professional, full-time clergy who possess the appropriate credentials of education and formal ordination
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Global Aging
- Depending on the age ranges at which the changes occur, an aging population may thus result in lower interest rates and the economic benefits of lower inflation.
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Microfinancing
- That being said, the annual rates charged to clients were higher, because these rates included local inflation and the bad debt expenses of the microfinance institution.
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Tracking Systems
- Thus, tracking may have emotional benefits for students: it may prevent damage to self-esteem that could result from comparisons with the work of higher ability students or inflating the egos of the high-ability students when compared to low-ability students.
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The Economy
- Additionally, the government regulates the flow of capital and uses methods such as interest rates to control factors such as inflation and unemployment.