How can employers be simultaneously unhappy with the quality of recent graduates and more desirous of hiring people with greater amounts of formal education? Ryan Craig, founding Managing Director of University Ventures, writes:
What we’re seeing from employers—the ultimate consumers of higher education—is the result of dissatisfaction with the current level of talent being produced by colleges and universities. Employers are dissatisfied and are flailing about for answers. For many employers, this means credential inflation—requiring certain degrees for jobs that previously didn’t require them. An equally logical response for others is openness to alternative credentials.
Read the whole thing.