Abstract

This paper assesses the importance of the credential requirements used by employers to attract graduates who will use their education on the job. The framework of this study is embedded within the theoretical debates between proponents of the credentialist and human capital theories of education. Past research related to these debates has focused largely on issues such as earnings, underemployment, and productivity, while less empirical treatment has focused on the issue of skill utilization. The statistical analysis suggests that there is a strong correspondence between employees' credentials and the needs of their employers. The extent to which the viability of each theoretical position depends on specific postsecondary programs is also explored.

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