Master’s Degree as the New Bachelor’s

Very interesting piece from the NY Times:

http://www.nytimes.com/2011/07/24/education/edlife/edl-24masters-t.html?src=me&ref=general

“Call it credential inflation. Once derided as the consolation prize for failing to finish a Ph.D. or just a way to kill time waiting out economic downturns, the master’s is now the fastest-growing degree. The number awarded, about 657,000 in 2009, has more than doubled since the 1980s…”

     
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