Credential Inflation & Decreased Signaling - Deepstash
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Credential Inflation & Decreased Signaling

While college tuition more than tripled over the past 30 years, the value of a college degree gradually fell due to credential inflation.

80% of the value of a college degree comes from what the degree signals to employers, not from the knowledge and experience gained while acquiring it. The problem is that signaling is a zero-sum game; earning a college degree doesn’t send a strong signal if a lot of other people have degrees.

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Tuition inflation & financial optionality

Tuition inflation & financial optionality

Despite the shortcomings above, going to college has been a smart choice for every generation prior to millennials. 

But over the past 15 years, two trends have made this decision a lot more questionable: the price increased, the value decreased.

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New Paradigm: Combine knowledge from multiple disciplines to create a powerful, unique mix.

The Internet economy is creating new professions at a pace too fast for universities to come up with degrees to match them. Many of these professions require two or three different skills, which aren’t taught in the same degree or even in the same faculty. To deeply understand Cryptocurrencies re...

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Maybe You Should Still Go To College

You should go to college if the following conditions are met: 

  • You’re certain that you want to spend at least a decade of your life in the field that you’re studying. 
  • The only way to get into that field is by getting a college degree. 

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Old Paradigm, New Paradigm

  • Combine knowledge from multiple disciplines to create a powerful mix.
  • Keep your options open, stay location independent, and be debt-free.
  • Commit to a few months at a time, reevaluate using hands-on experience with your field.
  • Build your own curriculum and update it c...

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CURATED FROM

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natashamiller

Network engineer

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Education and wealth

Education and wealth

College degrees can add significant wealth. The more education you have, the more you’ll earn and the less likely you are to be unemployed. And if you can keep debt low while getting the degree (and there are reliable ways of doing this), then it’s almost guaranteed that getting a college ...

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