Editing Education in the United States (section)

===Credential inflation===
Economics professor Alan Zagier blames [[Educational inflation|credential inflation]] for the admission of so many unqualified students into college. He reports that the number of new jobs requiring college degrees is [[Higher education bubble in the United States|less than the number of college graduates]].<ref name="wp100606" /> He states that the more money that a state spends on higher education, the slower the economy grows, the opposite of long-held notions.<ref name="wp100606" /> Other studies have shown that the level of cognitive achievement attained by students in a country (as measured by academic testing) is closely correlated with the country's economic growth, but that "increasing the average number of years of schooling attained by the labor force boosts the economy only when increased levels of school attainment also boost cognitive skills. In other words, it is not enough simply to spend more time in school; something has to be learned there."<ref>Eric A. Hanushek, Ludger Woessmann, Eliot A. Jamison and Dean T. Jamison, [http://educationnext.org/education-and-economic-growth/ "Education and Economic Growth: It's not just going to school, but learning something while there that matters"], ''Education Next'', Spring 2008 / Vol. 8, No. 2</ref>