sadly enough the emphasis on education (a good thing) in asian countries (china and india especially) is a driver for diploma greed. there are plenty of institu

sadly enough the emphasis on education (a good thing) in asian countries (china and india especially) is a driver for diploma greed. there are plenty of institutions , hand in hand with the govt administrators, which set up shop with little or no infrastructure. the stigma associated with someone who does not have a college degree is high and you can forget about a job as a high school grad when a college grad shows up to do the same work. too many students, too few good institutions and corrupt officials result in phantom diploma's. hence many times , the real education starts at the workplace. if the original article is correct, then it would seem they are just shifting unemployment from one kind of majors to another, cause there was no mention of employement shortage in other majors.