Yep:

Another report from the New York Post suggests that students are pursuing graduate degrees to distinguish themselves in the job market. With degree inflation, or the rising percentage of four-year degree holders, “a master’s degree is the new bachelor’s degree.”

Source: Campus Reform | Value of graduate degrees is going down, reports argue

The value of college degrees in recent decades was as a filter among the large cohort of young graduates. Now, in the start of a long-term labor shortage, the need for a degree is diminishing – and its value as a filter is also diminishing.

Coldstreams