Obsessed with degrees

Three things have risen sharply since the Great Recession of 2008-2009: inequality, dispair of those without a college degree, and the number of jobs that require a college degree to get hired but not needed to do the work.

Degree inflation is a huge waste of money for companies. Competing for a small pool of college-educated workers forces businesses to pay more for talent.

For certain jobs like a surgeon or quant, a degree is essential, but for many other jobs, both workers and companies can benefit from fewer degree requirements.