Credential inflation refers to the devaluation of educational or academic credentials over time and a corresponding decrease in the expected advantage given a degree holder in the job market.
Due to credentialism and educational inflation, job candidates are required to obtain higher degrees for positions that formerly had lower credential requirements. Pictured is a graduate student at her Ph.D graduation ceremony. Academic inflation, or education inflation, is the process of inflation of the minimum job requirement, and the simultaneous growing number of higher educated persons. Most boards reviewing candidates holding international credentials require that they submit a credential evaluation to demonstrate their academic preparation and determine their eligibility for licensing or certification. World Education Services (WES) offers a range of special services to meet the needs of licensing boards that receive applications from internationally educated candidates. A WES credential evaluation enables boards to understand the exact nature and equivalency of the foreign academic credentials submitted. Importantly, it also provides verification of the authenticity of the credentials submitted. WES is the leading credential evaluation service in the United States Types and documentation of credentials [edit]. A person holding a credential is usually given documentation or secret knowledge (e.g., a password or key) as proof of the credential. (For example: Arun Paul MSW, MPHIL). Documentation of academic and professional credentials usually consists of a printed, formal document. The issuing institution often maintains a record of the credential as well. Academic credentials are normally valid for the lifetime of the person to whom they are issued. 3 Career Pathways and Credentials Career Pathways have the goal of increasing an individual’s educational and skills attainment and employment outcomes. Career Pathway Programs are a clear sequence of education coursework and/or training credentials that include several key components. Stackable Credential: Part of a sequence of credentials that can be accumulated over time to build up an individual’s qualifications and help them to move along a career pathway or up a career ladder to different and potentially higher-paying jobs. A predictable result of credential inflation is a glut of the credential markets and overschooling. It is estimated that 30 percent of the college graduates in 2005 will be forced into jobs that do not require a degree. Academic inflation, or education inflation, is the process of inflation of the minimum job requirement, and the simultaneous growing number of higher educated persons. A credential is an attestation of qualification, competence, or authority issued to an individual by a third party with a relevant or de facto authority or assumed competence to do so. (For example: Arun Paul MSW, MPHIL). Documentation of academic and professional credentials usually consists of a printed, formal document. The issuing institution often maintains a record of the credential as well. Academic credentials are normally valid for the lifetime of the person to whom they are issued. Credential inflation refers to the devaluation of educational or academic credentials over time and a corresponding decrease in the expected advantage given a degree holder in the job market. Academic inflation, or education inflation, is the process of inflation of the minimum job requirement, and the simultaneous growing number of higher educated persons. The Single Subject Credential prepares students for a teaching career at the High School and Middle School level. Specific single-subject areas of study include: Art, English, Foreign Language, Mathematics, Music, Physical Education, Science, and Social Studies. 
https://en.wikipedia.org/wiki/Credentialism http://www.wes.org/licensing/whatiscredential.asp https://en.wikipedia.org/wiki/Credential http://www.doleta.gov/taaccct/pdf/presenters/McCarthy.pdf https://en.wikipedia.org/wiki/Credentialism https://en.wikipedia.org/wiki/Credential https://en.wikipedia.org/wiki/Credentialism http://ed.fullerton.edu/future-students/credential-programs/
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