Comment by ColdStream
8 hours ago
I think it is because we are implementing Goodharts law on a society scale.
"When a measure becomes a target, it ceases to be a good measure"
Many people see others taking short cuts and getting rewarded so that is seen as a legitimate path now. This works short term but errodes the foundations of that society over time.
So yeah this tracks for how things are going.
Having a degree itself used to be a pretty good measure of something, and now it's pretty meaningless. (Unless you don't have one of course)