The Severity of Degree Devaluation

You might not believe it, but graduate enrollment is expanding at a rate several times that of undergraduates. This means the pressure to ease employment is becoming desperate, and the resulting devaluation of credentials in the job market is intensifying. Given the current growth trajectory, the era where two graduates outnumber one undergraduate is inevitable.

Master’s and PhD Graduates Outnumber Bachelor’s Holders: Is Competing at the Master’s Level Enough? | Tencent News Guyu Data

There are actually many nodes in the matter.

Knowing doesn’t mean you can do it.
Can doing doesn’t mean you actually do it.
Doing it doesn’t mean you do it well.
Doing it well doesn’t mean you make money.
Making money doesn’t mean you make money consistently.

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