Credential inflation refers to the devaluation of educational or academic credentials over time and a corresponding decrease in the expected advantage given a degree holder in the job market.cademic inflation, or education inflation, is the process of inflation of the minimum job requirement, and the simultaneous growing number of higher educated persons.
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This is an average number, which varies by county--typically, poorer people need more psychiatric time, so the need for help is greater in poorer counties. The problem is that we only have roughly 10 per 100,000 practicing full-time psychiatrists in the US, or about 30,000 total.hese researchers started with what they considered to be the most reliable recent estimates of the prevalence of mental illness in this country--the National Comorbidity Survey Replication (NCS-R) of 2001. That study was a random house-to-house survey of more than 9000 people.