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NFTs in the academy: Fighting fake credentials and unfair wage | Crypto Miami

NFTs in the academy: Fighting fake credentials and unfair wages

The rise of fake credentials and teachers being undervalued and underpaid are some of the recurring problems that the education sector continues to face.

One of the pressing issues in education is fake credentials. On May 18, The Washington Post reported that there are about 2,800 people who purchased their credentials without attending the proper classes. They were able to pass the National Council Licensure Examination in the United States. Authorities are now trying to find these people.

This is not a one-off problem. In the United States, some estimate that around 100,000 fake degrees are purchased from illegitimate institutions or “diploma mills” every year. Some of these degrees can be bought for $1,000 without any of the work required for such academic achievements.