A new study shows that, contrary to the common wisdom, bachelor’s degrees don’t necessarily add value in the workplace. Notably:

• Fewer than 40 percent of the nation’s largest and fastest-growing job classifications require four-year diplomas.
• Fewer than 30 percent of all jobs demand them – a figure that has barely budged in the last two decades.
• Real wages for bachelor’s-degree holders are falling.

Evidence of this reality is popping up even the education sector. For example, Indian River County School District hired an audio-visual coordinator just out of high school for $15,000 more than a beginning teacher with a master’s degree.