...the phenomenon of “up-credentialing” is also of note. As high schools are at best stagnating in quality, as the most recent Nation’s Report Card results for 12th grade math and reading make clear, employers are likely to value this measure even less, and seek a 21st Century equivalent of the high school diploma: a college degree. Put simply, degree inflation — like grade inflation — means that a degree becomes less valuable when it is more common. Its value as a signal is diminished. Employers may be counting on colleges to do the work that high schools used to do.
Many of the readers here will say, "Well duh, we've been saying this but nobody's listening." A high school diploma is completely meaningless if everyone gets one for nothing.
Keep saying it folks. There are people hearing you. We seem to agree on the problem but the solution is not privatization of the schools and breaking up our unions, but rather empowering teachers to have REASONABLE standards, including behavior and attendance standards.