The Negative Impacts of Credential Inflation Essay Example for Free

The Negative Impacts of Credential Inflation Essay The Negative Impacts of Credential Inflation A market that is flooded with credential laden workers vying for a small number of jobs could tip the economy into a recession (Collins, 2002). This idea put forth by Collins seems prophetic when the current state of the economy is taken into account, and brings to light an underlying additional cause of the slow recovery being witnessed in the job market, credential inflation. This is the process by which educational or academic credentials lose value over time, partnered with lowered expectations of holding a degree in the job market. Credential inflation is increasing rapidly, causing larger debt among the workforce due to over-schooling, leaving college educated individuals with fewer jobs upon graduation, and resulting in employers requiring degrees for jobs where they were once not needed. This weakening of the belief in credentials has been a persistent trend in the last century in higher education, and has come to the forefront in recent decades due to technical job refinement, making its mark upon the job market as well. As students take on higher amounts of student loan debt because of the perceived advantages a degree warrants, the economic burden upon younger generations increases. Even with degrees in hand, students after graduation are continuing to find less well paying jobs that require a bachelors degree. More and more individuals are faced with the choice to gain additional education and incur more debt, or settle for a lower paying job and remain in student loan debt longer. Employers that at one time required high school diplomas now only hire individuals with bachelor’s or even graduate degrees. If this is the direction America’s economic and educational culture is heading without pause and reflections of outcome, than a resulting catastrophe is not just chance, but a real probability. The growth in credential inflation over the last twenty years, has accelerated, and when a moment is reached where higher education is commonplace, it becomes a vicious contest to receive the most amount of credentialing possible If a degree is seen as influential, and is depended upon to get the same jobs as previous non-degree holders, it follows that more education and a degree would benefit the individual in the future. Many studies show this ever increasing trend of the acquisition of higher education. In an analysis by The National Center for Educational Statistics (â€Å"Fast Facts,† 2011) on enrollment numbers in secondary education, † he percentage increase in the number of students age 25 and over has been larger than the percentage increase in the number of younger students, and this pattern is expected to continue. † The students in the 25 and over group between 2000 and 2009 saw an increase of 43 percent and in the next nine years can expect another 23 percent increase in college enrollment. This prevailing situation is compounded by the fact the more of the total population are seeking degrees, and that job creation has stagnated (NECS, â€Å"Fast Facts,† 2011). With an ever increasing number of degree holders entering the workforce with higher credentials, the number of actual jobs available to a credentialed workers declines. The prevailing thought is that an increase in education coupled with higher job entry requirements is necessary, because of heightened job complexity. Contrary to this is that, there is no evidence that the more educated the worker is, the more competent they will be (Collins, 1979). Brown’s argument is that students may simply be getting degrees to increase their chances of landing a job, rather than gaining the expertise, through a degree program, to do the job (2004). The evidence for this rears its ugly head, when degrees are fabricated by individuals to simply gain entrance into a job; a job they would not get without the proper credentials. Experts agree that credential inflation will continue, and the trend that started in the early Eighties and has increased ever since, is now the prevailing norm. Collins, states in his â€Å"Credentials Inflation and the Future of Universities†, that it could continue to increase, and in the future we will have a socialized system supporting education(2002). The expansion of credential inflation as an enduring trend cannot be denied, and the impacts upon the people and institutions influenced are threefold. The debt incurred by students upon graduation, is greater now then ever before. With increasing costs of higher education, compiled with the necessity of a degree to enter the workforce, recent students upon graduation are heavily laden with student load debt that vastly outweighs the debts incurred by the generations that preceded them. This debt, for the student, can be crippling personally, but is also a burden for the country. Collins (2002) writes that economic hardship because of the system, and its negative feedback loop, have become very expensive, both for the individual and for the nation. With student loan debt estimated at over a trillion dollars in the United States, it has surpassed even credit card debt. The average student leaving college after graduation possesses $25,000 in debt, and their parents an average of $34,000, with parental loaning up 75 percent since 2006 ( â€Å"Fast Facts,† 2011). Also reported is an 81 percent jump in people looking for student loan debt relief, for which there is little help. Devoting too much money and time to further education, seems to be digging a hole that people cannot pull themselves out of financially, and the resulting credentials one gains, are no longer the sure fire way to a successful career. A degree is not the guarantee of economic security it once was, and the amount in salaries among those with a higher level of education is less proportionate than those without, now more than in the past. This prevailing notion that an individuals success in their careers over the coarse of their lives hinge upon the certificates of school achievement, is part of what drives the whole process of credential inflation. A statistic on the rate of return of a degree holder over their life is of little consequence to those graduates who can’t find a job now. Put simply, if education is worth less, people are less likely to invest in it (Van de Werfhorst, Andersen, 2005), but the counter is also true. When education is seen as being worth more, people are more likely to invest in it. Whether or not this â€Å"being worth more† is true, the perception that one will indeed garner a higher wage as an outcome, is the prevailing notion at the present, and continues to drive up enrollment in secondary education. If achievement in finding a job and ultimate financial success revolves around education, and the cost increase becomes unbearable for the non-affluent, only the rich will have the availability to outpace credential inflation. As students in secondary education graduate from college at a faster and aster rate, they continue to find an ever decreasing amount of jobs available to them after graduation. The high school diploma, which once carried with it the credentials to secure a decent paying job, now has become a stepping stone to getting into college, and itself not used as a credential for jobs at all. Indeed, only 10 percent of the population in the United States does not carry a high school diploma. A market saturated with a certain credential sees that credential as a necessary step, but ultimately worthless. Is this the road a college degree is headed down, a worthless piece of paper that has strapped the holder with a debt they cannot pay back? As more people earn more degrees or educational levels increase, the inherent properties of that degree are proportionally lower. Not everyone who holds a similar certification will receive the same level of job. Take for example, if jobs for a hundred teachers holding bachelor’s degrees were needed, it stands to reason only a hundred people will receive jobs. Let’s say one hundred and fifty individuals receive teaching degrees, only one hundred of those will get hired. Competition among applicants will surely follow, and only people who can show they are above the fray will win out. To be successful in getting hired, many will invest in further education, and go on to earn a Master’s in Education. With this newly awarded credential in hand, they will then be able to apply with a considerable asset, which puts them ahead of those applicants with only the minimal job requirements. Incrementally, the Master’s graduates will obtain more of the jobs, while the displaced fifty will try to gain a foothold by earning their own Master’s degrees. The end result of this sequence of events is that every job, over time, will require a Master’s degree, as there will be no reason to hire a person who has a bachelor’s, if an over abundance of Master’s degree holding individuals are available. As credential inflation marches on, even MBA’s will find it harder to find jobs because of increasing job market saturation by like minded degree holders. Connolly states that the recent downturn of the economy has left fewer jobs upon graduation, and the salary premium for M. B. A. ’s has also taken a hit (2003). There are two opposing schools of thought that have tried to explain the recent upturn in educational expansion among the work force seen in recent years. Human capital theorists state that the growing complexity in the workplace has caused the growth of those seeking higher education. Theorists of social exclusion counter that the expanding intensive competitiveness between rivaling job market participants has caused credential inflation (McLean, Rollwagen, 2010). Either way, credential inflation is moving forward and fewer jobs are becoming available to those with less education. As more individuals become â€Å"educated,† employers are pushed to expand initial job requirements, even in jobs where such requirements were never needed before. Taking a deeper look into this trend, Vaisey (2006, p. 835) states that, â€Å"Using the 1972-2002 General Social Survey, I find that the incidence of over-qualification has increased substantially † He also hypothesizes that workers who have more educational attainments than needed for their jobs will be less satisfied with their jobs. Kariya (2011), sees a similar pattern and adds that as countries aim for higher levels of education for their populations, there is a persistent trend in the global markets to find cheaper labor. Phillip Brown, a lecturer in Sociology at the University of Kent at Canterbury, agrees, showing that the acquisition of higher education and the thought that it leads to greater individual and national prosperity keeps it at the forefront of developed countries’ agendas in their quest for global relevance (1995). Countries are pushing citizens to further education, and like the United States, through financial aid programs, making the costs deferred to the future, while trying to secure credentials in the present. As costs for education go up along with an increasing education of the populace, a financial burden is attached to the individual to find a job to pay for such schooling. Unfortunately for these individuals, employers are looking for ways to find cheaper and cheaper labor, and not the reverse. Payroll being the number one controllable expense in a company, makes the ability to hire individuals with higher credentials at lower wages, because of credential inflation, optimal. If an overabundance of degree holders are available at lower wages, why would a company seek to hire less educated workers for the same cost? To save time and resources, companies will simply thin out the applicants by making a certain credentials necessary to even apply, no matter the job. The Bureau of Labor Statistics provides evidence that as a country the United States has produced too many degree holding graduates. The promise made to people about the success of those with a bachelor’s degree falls upon deaf ears when graduates find themselves employed where they could have gone without attending college at all. Not many graduates attended college with dreams of becoming a bartender or a bellhop, though statistics show both of these professions employ individuals with degrees in 16 percent and 17. 4 percent of their positions, respectively. As Brown, Lauder, and Ashton write in their book,. The global auction: The broken promises of education, jobs, and incomes,† even education alone will not be enough to escape unemployment, and individuals should weigh the costs and benefits of higher education carefully (2010). With credential inflation continuing on, we will see a time in the future where even the lowliest of jobs will be filled with college graduates. The future of credentialism paints a bleak picture for potential degree holders and future employees As credential inflation co ntinues to grow, its effects upon the debt of graduates and the amount of jobs available to them, has become more apparent.

Doctor Faustus as Apollonian Hero :: Doctor Faustus

Doctor Faustus as Apollonian Hero How long will a man lie i' th' earth ere he rot? - Hamlet, V, i, 168 The Tragic History of Doctor Faustus is Marlowe's misreading of the drama of the morality tradition, the Faust legend, and, ironically, his own Tamburlaine plays. In the development of the character of Doctor Faustus, we find one of the supreme artistic achievements of English dramatic literature, a milestone of artistic creativity and originality. The force of Marlowe's dramatic poetry resonates with lyrical intensity in its dialectic between world and will. Not only is Faustus the first true dramatic character of any psychological, moral, and philosophical depth in English literature of the modern period, but in his creation of this unique character we see Marlowe on the verge of Shakespearean characterization, that supreme artistic achievement that Harold Bloom calls the invention of the human personality. The play itself is a study of the development of the inner self of a character, the evolution from a type who unfolds into a soul who develops. Bloom calls Marlowe Shakespeare's "prime precursor and rival Ovidian" (xx). All of Marlowe's major characters are of one type: each strives single-mindedly and obsessively towards one ever-evasive end. Faustus is the most philosophically oriented of this motley band, the one who comes closest to embodying the incredible vastness of human personality. Bloom notes that "Marlowe never developed, and never would have, even had he seen thirty" (xxi-xxii). While this judgment may be argued true, we must not regard his want of artistic maturity against Marlowe for the characterization he does achieve remains unprecedented in English literary history. The Faustus that we come to know, to loathe, and, at times, to idealize is both a human figure in all of his flaws and a natural force, "not so much intelligence as energy" (Steane 131). Marlowe's tragedy stands in a uniquely transformative relationship to the tradition of England's morality plays; more than simply an evolution, the play assimilates, incorporates, and creates new uses for the conventional elements of the morality play. The morality play, the most popular examples of which include Everyman and Mankind, was rooted in the didacticism of medieval Christian theology and developed as a means for the conveyance of Biblical truth to the masses. Its basis, as a literary work, was "an archetypal human perception: the fall out of innocence into experience" (Potter 9).

Problem-Solving Essay

Today the world has many issues, like hopelessness, prejudice, and selfish desires. The definition of the word moral is; concerned with the principles of right and wrong behavior and the goodness or badness of human character. In the world today there are few moral standards; we have numerous evil influences and few holy and godly influences. What does it mean to live honorably? It means that you respect yourself and others and live a life worth living. People have selfish desires to please themselves and not others.The Bible tells us in 1 Corinthians 15:33 do not be achieved: â€Å"Bad company ruins good morals. † The company we keep, the influences we are under, and the things we look at all directly affect our morals and ethics. Some of the things that affect us morally are, music movies, books, the Internet, the friends we have, and the relationship (or lack of) that we have with God. The way we treat others and ourselves is a huge part of our lives and the way we live the m. We should strive to be like Jesus in all our endeavors. Matthew 5:48, you therefore must be perfect, as your heavenly Father is perfect.Some of the ways that we could help the world regain moral standards are, leading by example, helping out or volunteering, and evangelism. The example we set should be an important priority for us as Christians; we should be Christ-like at all times. We could also help out the less fortunate, volunteering at charities or donating money; we should do our parts as Chrism's messengers in the world. The final thing we could do is evangelism, the spreading of Chrism's word. The world Is a sinful place, and God will come soon and take his people from It. The morals that we have are vital to our character.You could live honorably by, asking questions, figuring out what leads you astray, and helping fix It. James 1:22-25, but be doers of the word, and not hearers only, deceiving yourselves. For If anyone Is a hearer of the word and not a doer, he Is like a man who looks Intently at his natural face In a mirror. For he looks at himself and goes away and at once forgets what he was like. But the one who looks Into the perfect law, the law of liberty, and perseveres, being no hearer who forgets but a doer who acts, he will be blessed In his doing. Problem-Solving Essay By AbernathyThe world is a sinful place, and God will come soon and take his people from it. Asking questions, figuring out what leads you astray, and helping fix it. James 1:22-25, but be doers of the word, and not hearers only, deceiving yourselves. For if anyone is a hearer of the word and not a doer, he is like a man who looks intently at his natural face in a mirror. For he looks at himself and goes away and at once forgets what he was like. But the one who looks into the perfect law, the law of liberty, and perseveres, being no hearer who forgets but a doer who acts, he will be blessed.

Chief Sitting Bull

Loughmiller 1 Austin Loughmiller Davis Research Paper 15 April 2011 Chief Sitting Bull Strong Hearted and Brave â€Å"I wish it to be remembered that I was the last man of my tribe to surrender my rifle. † Chief Sitting Bull is one of the most well known Native Americans to this day. He was known for fighting bravely for his people. He died while fighting off white soldiers that were forcing Chief Sitting Bull and his tribe of their own land. Chief Sitting Bull had a life that many people today would try to run from. Although the exact date of his birthday is not known, many speculate that it was from the years 1831 to 1837 (Notable Native Americans). Chief Sitting Bull first distinguished himself as a warrior at fourteen years old (Notable Native Americans). Now fourteen year olds are not allowed to fight in the armed forces but it was encouraged for a teenager to become a warrior for their tribe back then. Sitting Bull fought during the conflicts of the late nineteenth century when the Sioux were constantly resisting white soldiers (Notable Native Americans). Sitting Bull was constantly fighting to protect the land that he and his tribe lived on. Sitting Bull died while fighting for his tribe on December 15, 1890. Sitting Bull is arguably the best-known Indian in American History (Notable Native Americans). Chief Sitting Bull’s whole life was dedicated to being a warrior and as a result he was involved in more wars than the average person today. By 1856, Sitting Bull was on of the sash wearers of the Hunkpapa’s Strong Heart warrior society (Notable Native Loughmiller 2 Americans). When Sitting Bull became the chief of his tribe he was constantly leading his warriors into battles against white soldiers. Sitting Bull’s first altercation with white soldiers occurred in June 1863 (â€Å"Sitting Bull†). Sitting Bull was aiding the Santee Sioux against the white soldiers’ retaliation after the â€Å"Minnesota Massacre. † After aiding the Santee Sioux Sitting Bull was named leader of the Strong Hearts and he became the cofounder of the elite Midnight Strong Hearts (Notable Native Americans). He became the leader of the Strong Hearts after receiving a bullet wound which left him with a permanent limp. Although Sitting Bull was a brave soldier what he did on the battlefield is not the only reason he is remembered. Chief Sitting Bull is widely known today for his resistance against white soldiers. His perhaps mostly remembered for his leadership during the Battle of Little Big Horn (Notable Native Americans). Sitting Bull led warriors to fight off General George Custer when he unsuccessfully attacked a large group of Native Americans gathered to resist white domination. Sitting Bull was known by the public through his appearances on Buffalo Bill Cody’s Wild West Show and for his refusal to sign treaties (Notable Native Americans). Sitting Bull never signed a treaty that the American Government offered him. Sitting Bull was killed during his arrest by government officials for supporting the Ghost Dance Movement. They began thinking the Ghost Dance was harmful to themselves and shot Sitting Bull for not stopping it. The death of Sitting Bull led to the Wounded Knee Massacre which killed 153 Lakota Sioux. Sitting Bull was just trying to protect his own people by refusing to sign the treaties that the white soldiers offered him.

buy custom Humanities Paper about the Parthenon

buy custom Humanities Paper about the Parthenon The Parthenon Building Introduction Parthenon is in the list of the worlds most famous buildings. It got built in honoring the goddess (virgin Athena) Athena Parthenos, who was the patroness of Athens. At first, the temple got named the Great temple, but later on - Parthenon. It was built as a temple that got surrounded by columns. It had decorations with the gigantic sculptures and also reliefs. The pediments alone had 50 sculptures. Most of the sculptures that survived got kept on display in London, at the British Museum. So as to have visual perfection, the Parthenon creators decided to use optical refinements to defy the perspective laws. Most people label the Parthenon as one of the finest buildings the world has ever seen (Jenkins 78). However, this statement appears to be a veritable irony, putting into considerations the flaws that the building has. This essay discusses the flaws that Parthenon has, concluding that it is not one of the finest buildings in the entire world.

Stalking Laws by State

Stalking Laws by State While most people probably have an image of stalking in their head that includes following a person around and sneaking peeks in windows the actual law and crime is much more complicated. The State of New York defines stalking as A persistent and unwanted pursuit of an individual by another that would cause a reasonable person to fear. It is an intentional and unpredictable course of conduct that can be annoying, intrusive, intimidating, threatening and harmful. But every state has its own definition of the crime of stalking with different issues that should be considered when trying to understand the laws. One of the common threads of what defines an action as stalking is if unwanted contact is made with an individual. In general, if someone has asked a person leave them alone and they attempt to continue any kind of relationship stalking has occurred.   Stalking Is a Serious Crime While some forms of stalking such as excessive phone calls or showing up at the victims place of business may not seem like that big of a deal these kinds of actions should be taken very seriously. Victims of domestic abuse have a high likelihood of being stalked by their former partner. However, perpetrators of stalking dont always have past relationships with their victims as is often the case with celebrities. Victims of stalking experience a great deal of fear and some have even been attacked or murdered by their stalker.  There have been many cases where cases of stalking turned violent. Some victims have even been attacked or murdered by their stalker. This is especially true in cases where the perpetrator is a former partner. If a friend or loved one tells you theyre being stalked you should contact the authorities.   Definitions of Stalking and Related Offenses in All 50 States and the District of Columbia AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming What to Do if Youre Being Stalked If you have reason to believe youre being stalked there are certain steps you should take no matter what state you’re in. If you suspect you are in physical danger always contact the police immediately. Keep records of any contact your stalker makes, this included digital communication such as text messages, emails, and instant messages. If your stalker sends physical mail​,  keep that as well. Make sure your home is secure against break-ins. A home alarm system which can automatically alert police in case of a break-in may be a good investment. The police are ready and willing to help if you are concerned you’re being stalked.  Ã‚   Source: National Center for Victims of Crime

Why do consumers like to engage in conspicuous consumption What are Essay - 1

Why do consumers like to engage in conspicuous consumption What are the marketing implications - Essay Example This research paper examines why consumers buy some goods for conspicuous consumption at prices which are normally higher. The papers will examine the concepts that try to explain this behaviour, and examine other factors. The paper will also explain the goods which qualify to be termed as conspicuous consumption. Market implication of in accordance to the 7Ps in relation to this phenomenon will also be analysed and a conclusion drawn after the analysis. Veblen (1899) provided an explanation of conspicuous consumption behaviour in his prominent concept of â€Å"the leisure class†. He notes that in order for people to show their wealth or power their have to put it into evidence, since self esteem can only be rewarded through evidence. Thus, one way of an individual showing off his wealth is through conspicuous consumption. Using Veblen, conspicuous good can be defined as a product whose consumption can be viewed by all in the market economy. In this context â€Å"Veblen effect† will refer to conspicuous consumption, which is seen as an action of consciously displaying and consuming a product that is bought at a higher price that its marginal cost. Some literature has tried to give answers to the first question. It is assumed that a person’s value is directly enhanced by purchasing higher priced products. (Nagel, 2002) unfortunately, this approach does not explain why individuals will prefer premium pricing. To (Trigg, 2001) explains that people prefer conspicuous goods because of monopolistic goods. However, other scholars are in view that individuals use conspicuous consumption as means of evaluating their social status in the society. (Nagel, 2002) This agrees fully with Veblen’s concept. Yet again, it is not easy to generalize the â€Å"Veblen effect† in this competitive market. The second question that regards what product can be termed as conspicuous can only be answered by trying to examine the characteristics