Grads of Life has collaborated with Accenture and Harvard Business School to bring a new research report on degree inflation and the harmful effects this phenomenon is having on Opportunity Youth and employers.
Six million middle-skills jobs in the United States are at risk of “degree inflation”—the practice of requiring a college degree for jobs that were traditionally held by middle-skills workers who have more education than a high-school diploma, but less than a four-year college degree. Dismissed by Degrees: How degree inflation is undermining U.S. competitiveness and hurting America’s middle class
, a new report from researchers at Accenture, Grads of Life, and Harvard Business School notes that the rising demand for a four-year college degree for jobs that previously did not require one, not only harms U.S. businesses, it closes off critical career pathways and excludes millions of middle-skilled Americans from securing gainful employment. This phenomenon particularly impacts Opportunity Youth – young adults between the ages of 16-24 years who are not working or in school – and further constrains their ability to enter and stay in the workforce.