Quote:
Originally Posted by grant
--snip--
I actually think having the market value of a degree fall is a good thing.
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ahem. I guess i forgot to raise my sarcasm flag, grant. Degrees have a market value, I agree. But having more of them doesn't dilute their value. I don't include bogus degrees in this equation. Those are crimes of a different color.
Quote:
Originally Posted by grant
It just means that the baseline educational level of our population is rsing. The bad thing is that academic standards are also being lowered.
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These are two different things. They have no causal relationship. The "meaning" you mention--I'm not buying it if you're selling it as a package deal. More (valid) degrees means more educated people and more knowledge as a whole. This is completely good.
Academic standards aren't static inert objects. When they're lowered dramatically, or arbitrarily, or improperly, it is a bad thing. Just decouple those two thoughts, and we're right in synch.