Having a graduate degree is however still a basic requirement though it no longer carries as much weight as it did over thirty years ago. That said, when applying for a job, for some cases, it is necessary for a graduate to show how he or she has spent plenty of time doing extra curricular activities while being student and earning a bachelor’s degree. However, the main idea seems to be clearly brought out, as the reader is able to identify the depreciated value of a bachelor’s degree in the job market. The author has relied on statistics to show the difference in the number of people who had bachelor’s degrees in the 1970s compared to 2008, as well as to show the increase in the number of graduates unable to find employment. The same has been shown about the number of people who feel they must pursue a masters degree so that they might be more relevant in the job market
Oloffson’s analysis considers what factors have led to college education losing value and ways that can help to boost the