Educational qualifications are a valuable tool that highlights competencies of the candidate. For many positions, education qualifications form a pre-requisite to obtain license for the position. However, research suggests that about 53% of all candidates have been known to inflate their academic credentials and other information on their CV's.
Applicants have been know to refer universities they may have attended, but never graduated from. Dates of the courses attended can be altered to suit the job positions they have applied for. Further more, there is always the chance that the University from which the candidate graduated is not an accredited institution. Hence, verifying the education history of candidates have become an important part of hiring decisions.
A 2009 survey shows that up to 30% of resumes provide inaccurate information pertaining to education credentialsView Source
A Connecticut man has been accused of running so-called "diploma mills" since 2003 and sold nearly $5 million worth of college degrees around the world.View Source
An investigation in 2004 by the General Accounting Office found 28 employees of the federal government who had "bogus degrees," and another 463 federal employees who were enrolled in unaccredited institutionsView Source
Experts estimate that 20% to over 50% of job applicants lie to embellish their credentials.View Source