The U.S. has seen a rapid increase in the number of credentials available, surpassing 1.1 million. This rise reflects students' shifting priorities towards shorter, flexible educational options as many question traditional degrees. A report from the American Enterprise Institute and the Burning Glass Institute reveals mixed outcomes, where only 12% of credentials achieved significant wage gains for graduates. The authors emphasize the need for better guidance on which programs offer genuine benefits, supporting this with a new web tool for students and educators.
People spend money and time trying to get these certificates in order to get more money, in order to get promoted, in order to change jobs.
The report's authors drew on the Burning Glass Institute's database tracking millions of Americans' career trajectories and took a close look at 23,444 credentials offered by more than 2,000 different providers.
While some programs boost workers' incomes by thousands of dollars, others offer little opportunity for advancement and earn graduates no wage gains at all.
Researchers created a new web tool to help students and providers determine which programs do and don't live up to the hype.
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