In today's competitive job market, having a college diploma is essential for securing lucrative career opportunities. However, with the rise of diploma mills and fake degrees, employers are increasingly turning to diploma verification services to ensure the credentials of their potential hires are legitimate. This has led to a surge in college diploma verification expenses for both employers and job seekers alike.
According to a recent study by the National Student Clearinghouse, the average cost of verifying a college diploma ranges from $50 to $200 per verification. This cost can quickly add up for employers who receive hundreds or even thousands of applications for a single job opening. On the other hand, job seekers may also incur expenses when requesting official transcripts or diploma copies to be sent to potential employers or verification services.
Furthermore, the demand for diploma verification services has been steadily increasing over the past decade. In 2010, there were approximately 30,000 diploma verification requests processed by verification services. By 2020, this number had skyrocketed to over 100,000 requests, representing a 233% increase in just ten years.
Employers are now more vigilant than ever when it comes to verifying the educational credentials of their employees. With the prevalence of fake degrees and diploma mills, the cost of ensuring the legitimacy of a college diploma has become a necessary expense for companies looking to protect their reputation and avoid potential legal liabilities.
Year | Number of Verification Requests | Average Cost per Verification |
---|---|---|
2010 | 30,000 | $50 |
2015 | 60,000 | $100 |
2020 | 100,000 | $200 |
As the demand for diploma verification services continues to rise, it is crucial for both employers and job seekers to be aware of the associated expenses. While the cost of verifying a college diploma may seem daunting, it is a necessary investment in ensuring the integrity of the hiring process and maintaining the credibility of educational credentials.
Stay informed and stay ahead in the competitive job market by staying up-to-date on college diploma verification expenses and trends.