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they even have a name for it.... . the accademic world calls it educational inflation...... .a phrase i was introduced to in my first year of college.....
one of my professors told the class that while people who graduated from college in the previous generation ..(or 20 years previous at that time)..... could expect to find jobs much better than what those who simply graduated from high school could find..... that members of our current generation would most likely not be able to qualify for those same types of jobs......even with a 4 year degree......
... .... he told us that post graduate education would be required to even be considered for most of those jobs and careers in the future, that a 4 year college degree would have qualified us for 20 years prior to that. ... .and which a simple high school education might have been good enough for in the 1960s or 70s.... 
... ....... and he said in the future this would only get worse....... .... he estimated that 10 to 15 years from that point.... (or today in fact)....... several more years of post graduate work would be required to qualify for a career that our class could have expected to go into with a masters degree.. ...he told us the days of a work ethic minded person graduating from high school,and fighting his way into a respectable job or career that paid a liveable wage, was over... ... he said just like the dollar in america was no longer worth as much as it had been 20 years ago - education had also been devalued..... and he smugly called that phenomenon educational inflation.....
