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Credential Inflation and Employment of University Faculty in China

Summary by Nature
Universities have become increasingly strict with the academic requirements of newly enrolled faculties. It manifests as the credential inflation of new applicants for university academic positions. There is little research that has provided empirical evidence for this phenomenon. This research takes China as a case, aiming to test whether there is credential inflation in universities and the inflation rate. To conduct research, we collect facul…

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Since the post-pandemic economic recovery, the Chinese labour market has struggled to absorb the massive wave of university graduates. This situation has led many young people to extend their courses, in the hope of improving their chances. The master's degree, formerly reserved for an elite, has become a quasi-compulsory transition to qualified positions, particularly in the technological and financial sectors.

The Washington Post · Joshua Yang As a college student at Peking University, one of China’s most prestigious, Crystal knew she wanted to end up working for one of the country’s top tech or financial conglomerates. Throughout her career, Crystal—who only agrees to be identified by her first name for fear of professional reprisals—did everything in her power to get hired. She participated in competitions with the American consulting firm Bain and …

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The Washington Post broke the news in on Sunday, July 13, 2025.
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