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 figure included more than 120,000 inactive and some 57,000 unclassified physicians. Thus, the U.S. has a less marked physician density compared to some other countries. Looking at individual states, Washington D.C., Massachusetts and Maryland have the highest number of physicians per civilian population.Among specialists, psychiatrists are the most prevalent physicians. Approximately one quarter of all active U.S. physicians were educated abroad.hus, the U.S. has a less marked physician density compared to some other countries. Looking at individual states, Washington D.C., Massachusetts and Maryland have the highest number of physicians per civilian population.