… Once the hallmark of an educated and readily employable adult, the bachelor’s degree is losing its edge. Quicker, cheaper programs offer attractive career route alternatives while the more prestigious master’s is trumping it, making it a mere steppingstone.
Studies show that people with four-year college degrees earn more money than those without over their lifetime, that they are more likely to find jobs and, once employed, are almost twice as likely to be selected for on-the-job training.
This has prompted a stampede through college and university gates.
But studies are like photographs: They record the past. They say nothing about the clear and present danger that the bachelor’s degree is losing value… via Bachelor’s degree: Has it lost its edge and its value? – CSMonitor.com.